@cbssacramento: California voters have approved Proposition 38, authorizing the state to sell $8.4 billion in bonds to fund immunology research and therapies in state research institutes and universities. The funded research would be evenly split between a single University of California-affiliated nonprofit medical research institute and grants. Prop. 38 was designed to pay for itself by requiring that 10% of any revenue generated from the funded research be given to the state.

CBS Sacramento

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Tuesday 10 November 2026 19:00:06 GMT