It needs 623,212 valid signatures. Backers submitted 924,183 "raw" signatures. State election officials reported late today that the proposal now has 98,159 valid or projected valid signatures of registered voters.
The signature disqualification rate remains at about 22 percent.
Large counties such as Los Angeles and San Diego have not yet reported on their verification efforts. The state deadline for counties to report their figures to the state is June 24 -- 20 business days away.
The stem cell agency is running out of cash and will begin closing its doors next fall unless it receives a substantial infusion of cash.
Look for an updated count tomorrow evening or early Friday morning right here on the California Stem Cell Report.
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