Proposition 1B would authorize the state to sell about $20 billion of general obligation bonds.

As proposed, the measure is designed to fund transportation projects to relieve road congestion, improve the movement of goods, improve air quality and enhance the safety and security of the transportation system.

Under Prop. 1B, bond money would be available for expenditure by various state agencies and could provide grants for local agencies and transit operators upon appropriation by the legislature.

The funds could be used to provide shelters for battered women and their children, clean and safe housing for low-income senior citizens, homeownership assistance for the disabled, military veterans and working families. It could also be used for repairs and accessibility improvements to apartments for families and disabled citizens.

As proposed under this measure, the bonds would be paid from existing state funds at an average annual cost of $204 billion per year over the 30 year life of the bonds.

This measure is designed to provide for safe drinking water, improved water quality and supply, flood control, natural resource protection and park improvements. It would also provide funding for emergency drinking water, exempting such expenditures from public contract and procurement requirements to ensure immediate action for public safety.

Proposition 85 would amend the California Constitution to require, with certain exceptions, a physician, or his or her representative, to notify the parent or legal guardian of a pregnant minor at least 48 hours before performing an abortion involving the minor.

The measure would apply only to cases involving a minor who is unemancipated (a female under 18 who has not entered into a valid marriage, is not on active duty in the armed services of the United States and has not been declared free from her parents’ or guardians’ custody and control under state law).

• A juvenile court approves a waiver from a juvenile by finding that the minor is sufficiently mature and well-informed to decide whether to have an abortion or that notification would not be in the minor’s best interest.

As proposed, the increased tax would provide funding to qualified hospitals for emergency services, nursing education and health insurance for eligible children.

Revenue from the tax would also be allocated for such purposes as tobacco use prevention programs, enforcement of tobacco related laws and research, prevention and treatment of various conditions including cancers, heart disease, stroke, asthma and obesity.

Proposition 87 — Alternative Energy, Research, Production, Incentives. Tax on California Oil Producers. Initiative Constitutional Amendment and Statute.

Proposition 87, beginning in January 2007, would impose a severance tax on oil production in California to generate revenues to fund $4 billion in alternative energy programs over time.

The goal of the measure would be to reduce petroleum consumption by 25 percent and to provide research and production incentives for alternative energy, alternative energy vehicles, energy efficient technologies and for education and training. The tax would be from 1.5 to 6 percent, depending on oil price per barrel, on producers of oil extracted in California.

Proposition 88, which would take effect on July 1, 2007, would create a statewide $50 annual tax on most parcels of land in California that currently receives a separate local property tax bill. The tax is designed to fund specific K-12 education programs.

Under the measure, funds would have to be used for class size reduction, instructional materials, school safety, academic success facility grants and a data system to evaluate education program effectiveness.

It is estimated the statewide parcel tax would generate somewhere around $450 million in new tax revenue each year to be allocated to school districts for the specified education programs. Roughly $30 million of the parcel tax revenue would be transferred annually to the state general fund to offset a projected decline in state income tax revenues as a result of increased property-related tax deductions.

Proposition 89 — Political Campaigns. Public Financing. Corporate Tax Increase. Campaign Contribution and Expenditure Limits. Initiative Statute.

Proposition 89, known as the Clean Money and Fair Elections Act, would make major changes to the way political campaigns for state candidates and ballot measures are funded.

The measure would set limits on how much corporations, unions or individuals can give to candidates and would bar contributions to candidates by lobbyists and government contractors.

As written, Prop. 89 would support candidates who reject private fundraising by providing a set limit of public funds that would be paid for, not by individuals, but by a .2 percent increase on contributions by corporations and financial institutions.

It is anticipated Prop. 89 would increase revenues, primarily from increased taxes on corporations and financial institutions, by more than $200 million annually with the funds to be spent on public financing of political campaigns for state elected officials.

Proposition 90 would require the government to pay property owners if it passes certain new laws or rules that result in substantial economic losses to the owners.

• Require that condemned private property be offered for resale to the prior owner or the owner’s heir at current fair market value if the government abandons the condemnation’s objective.

Government would also be exempt from the new laws and rules under Prop. 90 if property was condemned to protect public health and safety, under a declared state of emergency or as part of rate regulations by the California Public Utilities Commission.

For more information on each proposition, visit www.ss.ca.gov/elections/elections and click on the Initiative Update icon under general information.

This is cache, read story here


Browse archives

« October 2008  
Su Mo Tu We Th Fr Sa
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

Who's online

There are currently 0 users and 448 guests online.

Syndicate

XML feed

User login