By 2020, the funding from proposition 71 was mostly used, and so the California Institute for Regenerative Medicine expected to shut down if it did not receive additional funding. For that reason, another ballot initiative has been initiated as part of the 2020 California elections. This initiative, known as Proposition 14, will authorize $5.5 billion in state general authorization bonds to fund the stem cell research at the California Institute for Regenerative Medicine. The initiative passed with 51% of the vote, so the stem cell research will continue.