The California Stem Cell Research and Cures Act, an initiative measure comprised of constitutional and statutory provisions that was approved by the voters at the November 2, 2004, statewide general election as Proposition 71, generally provides for the issuance of general obligation bonds to fund stem cell research. The constitutional provisions of the act establish the California Institute for Regenerative Medicine in state government and authorizes it to utilize state-issued tax-exempt and taxable bonds to fund its operations, medical and scientific research, and facilities. The constitutional provisions also establish a right to conduct stem cell research.
This measure would repeal the constitutional provisions of the California Stem Cell Research and Cures Act.