Posts Tagged: $150 million

News

Newsom boosts pension-cost relief for schools

Near the entrance to the CalSTRS building in West Sacramento. (Photo: ZiKG, via Shutterstock)

School districts would get more pension cost relief under a revised state budget proposed last week by Gov. Newsom. The governor’s $700 million plan to lower scheool pension costs during the last two years of a seven-year CalSTRS rate increase would get an additional $150 million, if approved by the Legislature.

News

Stem cell agency: No giveaways in $150 million plan

A high-resolution image of human egg cells. (Jezper, via Shutterstock)

The president of the California stem cell agency, Randy Mills, yesterday said that the firms that responded to an ambitious proposal to create a $150 million public/private partnership were seeking to make a “better deal” than the agency had offered. Mills said that the agency was “not going to give away something that is not in the best interests of the people of California.”

News

Stem cell: $150 million public-private partnership

A high-resolution image of human egg cells. (Jezper, via Shutterstock)

California’s plan to create an ambitious, $150 million public/private partnership to commercialize state-funded stem cell research edged forward this week as the deadline for applications closed on Monday afternoon. Little is known about the nature of the applications — not even the number received.

News

In November, questions of life and death

The execution chamber at San Quentin prison. (Photo: CDCR)

Will November mark the death of the death penalty? This fall, Californians will be asked yet again whether they would like to abolish capital punishment. Voters last faced the issue in 2012, a presidential election year, and rejected the idea.

Recent News

Stem cell agency okays $150 million ‘powerhouse’

Examining a liquid nitrogen bank containing suspended stem cells. (Photo: Elena Pavolvich)

Directors of California’s stem cell agency this morning approved financing terms for a proposed, $150 million, public-private company that the agency hopes will accelerate the creation of long-sought stem cell therapies. The plan to create a stem cell “powerhouse” is likely to be one of the landmark legacies of the state’s $3 billion research effort — for better or worse.

News

Money talks: Props. 45, 46 down sharply

In the face of $150 million in opposition spending, two ballot measures to regulate health insurance insurance rates, require drug testing for doctors and ease caps on medical malpractice awards have declined sharply in popular support, according to the final Field Poll of this year’s election.

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