71 Bonds for Stem Cell Research
Initiative / Constitutional Amendment

Many scientists believe that stem cell research will lead to new treatments for a variety of diseases. The University of California spends millions of dollars each year on this type of research, and the U.S. government spent $180 million in 2002.
 

A new state medical research institute would be created to give out grants and loans for stem cell research in California. The money would come from the sale of $3 billion in state bonds. The right to do stem cell research would be added to the State Constitution.
 

Up to $350 million in state bonds could be sold each year to fund stem cell research. To pay off the full $3 billion in bonds plus interest would cost the state about $6 billion over 30 years.
 

Arguments for Prop 71:		Arguments against Prop 71:
This would make California a leader in stem cell research and create new jobs. This is needed because stem cell research is being restricted by Washington politics. website		We should not spend taxpayer money for research that can benefit large corporations. These bonds would add to California’s debt at a time when we cannot afford it. website