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31 of 55 · State · Yes/No
State · Yes/No
Proposition 38 — Immunology Medical Research Bonds
Authorizes $8.4 billion in bonds for immunology and immunotherapy research. Half would go to a University of California-affiliated nonprofit institute and half to research grants. Estimated annual repayment costs are $500 million to $600 million for about 20 years, potentially offset by research revenue.
A yes vote means
The state could borrow $8.4 billion for immunology and immunotherapy research.
A no vote means
The state could not issue these research bonds.
Arguments & rebuttals
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