State election officials yesterday reported that the $5.5 billion, California stem cell initiative is 70 percent on its way to qualifying for the November ballot.
The latest number of valid signatures totalled 481,689. The measure's backers hope that they will have 685,534 valid signatures of registered voters out of 924,189 unverified signatures they submitted nearly a month ago.
The qualification rate still stands at about 78 percent.
The proposal would save the financial life of the California stem cell agency, which is running out of money. It was provided with $3 billion by California voers who created in in 2004. It will begin shutting down this fall without substantial financial assistance.
Reporting in yesterday was Orange County. Among the larger counties not yet reporting are San Diego and Riverside.
Look for an update on the tally Monday evening or early Tuesday morning right here on the California Stem Cell Report, your source for the last 15 years for all things dealing with the stem cell agency, officially known as California Institute for Regenerative Medicine(CIRM).
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