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California approves billions for stem-cell research

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Posted at 6:13 AM, Nov 13, 2020
and last updated 2020-11-13 09:13:35-05

LOS ANGELES (AP) - California voters have narrowly approved a ballot question to provide a $5.5 billion infusion to the state's first-of-its-kind stem-cell research program.

Following Thursday's vote count update, Proposition 14 had a 325,000-vote lead and 51% of the votes.

It was the narrowest margin of victory for any of this year's 12 ballot questions.

Proposition 14 calls for a bond sale to generate $5.5 billion for the California Institute for Regenerative Medicine.

It was created by a 2004 bond measure but now is nearly broke.