Campaign in Favor of Ballot Measure To Fund Stem Cell Research Has Raised More Than $12 Million This Year

The campaign in favor of Proposition 71 -- a measure on the Nov. 2 statewide ballot that would issue state bonds to raise an average of $295 million annually over 10 years to promote stem cell research -- this year has raised more than $12 million, the Ventura County Star reports Ventura County Star, 8/24). The measure would provide funds for a new stem cell research center at a University of California campus, as well as grants and loans for laboratory projects at other colleges. State analysts have said that with interest, the measure would cost a total of $6 billion (California Healthline, 8/20).

According to records filed on Friday, Sen. John Corzine (D-N.J.) has contributed $100,000 to the campaign, and the Juvenile Diabetes Research Foundation has contributed $500,000. JDRF has contributed a total of $1 million to the campaign (Ventura County Star, 8/24).

The ballot title and summary for Proposition 71 is available online. Note: You must have Adobe Acrobat Reader to view the summary.