Codey to push stem cells in State of State Acting governor seeking $500 million investment Tuesday, January 04, 2005 Acting Gov. Richard Codey plans to propose investing $500 million in stem cell research as a key component of the State of the State speech he will deliver next week, according to two administration officials and a state lawmaker.Codey, who has long championed stem cell research, believes the move is necessary for New Jersey to stay competitive with California, which approved a $3 billion bond issue for stem cell research last fall.The money would help fund the Stem Cell Institute of...