Chaptered by Secretary of State. Chapter 1040, Statutes of 2026.
Summary
SB 895 creates a new bond act that would let California sell up to $35 billion in general‑obligation bonds, with the money placed in a new California Foundation for Science and Health Research Fund. The fund would award competitive grants and loans, build and operate research facilities, and recoup licensing or royalty fees from inventions. The measure is aimed at strengthening state‑run research, especially where federal funding has been cut, and would be placed on the next statewide ballot for voter approval.
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