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Proposition 38
Proposition 38
California · November 3, 2026
What this measure does
Issue $8.4 billion in general obligation bonds to fund immunology and immunotherapy research
A yes vote means
California borrows $8.4 billion and uses it to fund immunology and immunotherapy research projects.
A no vote means
California does not borrow this money and does not fund these research projects through this bond measure.
Simple explanation
California wants to borrow $8.4 billion to pay for research into how our immune system works and how to use that knowledge to treat diseases. Think of it like taking out a loan to invest in a medical research project — the state borrows money now, pays it back over time with tax revenue, and hopes the research leads to new treatments.
Who's for it, who's against it
Support
- ALS Association
- Alzheimer’s Association
- American Nurses Association of California
- California Black Health Network
- Meyer Luskin - CEO of Scope Industries
- Michelson Center for Public Policy
- Parkinson Association of Northern California
- YES on the California Immunology Research & Cures Initiative campaign
Source: Ballotpedia