Proposition 14: Authorizes bonds to continue funding stem cell and other medical research. Initiative Statute. Yes. This measure would authorize $5.5 billion in state general obligation bonds to fund grants from the California Institute of Regenerative Medicine to educational, nonprofit, and private entities.
Voters approved stem cell research in 2004, and CIRM is now near the end of allocating its first $3 billion. Continuing medical research is vital.