a day agoProp. 38 would give half of the bond proceeds to a private institute - the California Institute for Immunology & Immunotherapy. Gary Michelson, who is the director of this institute, has donated $66.2 million of the $72 million raised for the Prop 38 campaign. This private institute has only 3 employees and no research labs or staff and Prop. 38 exempts this institute from requirements to report conflicts of interest and to have open meetings. The other half of the bond proceeds would go to a limited number of research institutions and excludes UC Santa Cruz, Merced, and Santa Barbara from receiving any funding. If you want your taxpayer dollars to be spent on medical research by the top institutions in the state, shouldn’t the grants be distributed based on scientific criteria and not to some entity that has no track record of any success in researching cancer, heart disease, or any other chronic illness?
