PROP
14

Proposition 014 - Authorizes bonds to continue funding stem cell and other medical research. Initiative statute.

Proposition 014 - Authorizes bonds to continue funding stem cell and other medical research. Initiative statute.

Summary

Authorizes $5.5 billion state bonds for: stem cell and other medical research, including training; research facility construction; administrative costs. Dedicates $1.5 billion to brain–related diseases. Appropriates General Fund moneys for repayment. Expands related programs. Fiscal Impact: Increased state costs to repay bonds estimated at about $260 million per year over the next roughly 30 years.

Money Raised

Chart depicts total fundraising by all committees primarily formed for and against Prop 14.Totals are updated daily with contributions from Power Search opens new window and adjustments from the most recent Political Reform Division analysis. opens new window

Largest Contributions

Showing the 10 largest contributions to committees formed primarily for and against Prop 14 in the election cycle when it appeared on the ballot. Contributions in earlier election cycles and contributions between allied committees are excluded. For more information on funding for ballot measure campaigns, visit the Power Search opens new window campaign finance search engine.

Yes on Prop 14

DOLBY, DAGMAR
09/02/2020
$2,059,000
ROBERT N. KLEIN II AND AFFILIATED ENTITY KLEIN FINANCIAL CORPORATION
10/15/2020
$1,000,000
SANFORD, T. DENNY
10/13/2020
$975,000
DOERR, ANN HOWLAND
10/13/2020
$950,000
DOERR, III, L. JOHN
10/13/2020
$950,000
JDRF INTERNATIONAL
03/02/2020
$750,000
ROBERT N. KLEIN II AND AFFILIATED ENTITY KLEIN FINANCIAL CORPORATION
10/26/2020
$651,500
OPEN PHILANTHROPY ACTION FUND, SUPPORTING THE REFORM JAILS AND COMMUNITY REINVESTMENT
04/02/2020
$580,000
ROBERT N. KLEIN II AND AFFILIATED ENTITY KLEIN FINANCIAL CORPORATION
03/13/2020
$571,553
JOHNSON, FRANKLIN 'PITCH'
09/29/2020
$500,299

No on Prop 14

California Pro Life Council
07/17/2020
$250
Unitemized Contributions
$1,100

What your vote means

Yes

A YES vote on this measure means: The state could sell $5.5 billion in general obligation bonds primarily for stem cell research and the development of new medical treatments in California.

No

A NO vote on this measure means: The state could not sell $5.5 billion in general obligation bonds primarily for stem cell research and the development of new medical treatments in California.

More on Proposition 14

For background on Proposition 14, an analysis by the legislative analyst, endorsements for and against the measure, and more...

Arguments

Pro

Prop. 14 funds further development of treatments and cures for chronic, life–threatening diseases like Cancer, Alzheimer’s, Heart Disease, Diabetes, Parkinson"s, Kidney Disease. Builds on 2,900 medical discoveries; increases patient access & affordability; stimulates California’s economy; ensures strict accountability. Doctors, Nobel Prize Scientists, over 70 leading Patient Advocate Organizations, urge YES on 14.

Con

No on Prop. 14. Would commit $7.8 billion we cannot afford during this economic and budget crisis. Funds a state agency with management challenges and poor results after $3 billion already spent. Servicing debt of Prop. 14 could increase pressure for higher taxes or layoffs of nurses, first responders and other public employees.

Campaigns

For

YES on 14: Californians for Stem Cell Research, Treatments and Cures
P.O. Box 20368
Stanford, CA 94309
(888) 307-3550
YESon14@CAforCures.com
www.YESon14.com

Against

John Seiler
P.O. Box 25683
Santa Ana, CA 92799
(714) 376-0109
writejohnseiler@gmail.com