California Establish Immunology and Immunotherapy Research Institute Initiative

Current assessment

Prop. 38 splits an $8.4 billion research bond between one affiliated institute and grants; research promise competes with concentration and debt costs.

What still needs an answer

• Audit selection/conflict rules and funding alternatives; do not assume breakthrough revenues.

Source check and limits

Official summary estimates $500–600m yearly for about20 years, potentially offset by research revenue. That differs from legacy25-year and10%-premium account.

Reference documents

• voterguide.sos.ca.gov · source 1