"The Scientist" quotes Professor Hank Greely, who comments on the expected delay in funding for stem cell research:

Hank Greely, director of the Stanford Center for Law and the Biosciences and a professor of law at the university, said that even if the suits are resolved quickly, cash may not soon follow, since bond buyers may require that the appeals process be exhausted before they agree to give the state the money. "I would think that the end of 2006 would be the earliest one could hope for," Greely said.