California Stem-Cell Case Winds Down

Saskal, Rich
March 2006
Bond Buyer;3/3/2006, Vol. 355 Issue 32331, p1
Trade Publication
The article reports on the case over the validity of California's plans to issue $3 billion in general obligation bonds to finance stem-cell medical research. Opponents of the medical stem-cell research argue that the voter-approved Proposition 71 violated the state constitution because it allowed taxpayer funds to be spent by the California Institute for Regenerative Medicine (CIRM). CIRM is the organization created by Proposition 71 to manage the stem-cell research program.


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