Letter to Senator Alquist regarding SB 1064

Letter to Senator Alquist regarding SB 1064

CIRM has sent an open letter to Senator Alquist regarding SB 1064.

We write to provide important information regarding the California Institute for Regenerative Medicine (“CIRM”), its success in providing jobs for Californians, and its positive impact on the State’s general fund. Our full Board has not yet had an opportunity to consider this bill; however, we wish to express our individual concerns regarding the bill’s potential economic impact on the state’s new tax revenues and new jobs created by CIRM. More importantly, we are concerned about the bill’s potential impact on finding treatments and cures for diseases and traumas that Californians struggle with every day.