Fact Sheet (PDF)
SCA7 repeals Prop 71 and stops the further issuance of bonds to fund stem cell research.
In 2004, voters passed Proposition 71, also known as the California Stem Cell Research and Cures Act. Prop 71 authorized $3 billion in bonds for stem cell research over a period of ten years. Prop 71’s campaign made promises of widespread cures for diseases that have not been fulfilled. More than thirteen years after its passage, around $2 billion in funds have been dispersed. With a $1.6 billion dollar budget deficit and crumbling infrastructure, we need to stop the issuance of bonds to prevent further state debt.