California Proposition 12 (2000)
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California Proposition 12 was on the March 7, 2000 ballot in California, where it was approved with 63.2% of voters in favor.
Proposition 12 authorized a $2.1 billion bond for various land and water quality programs.
The ballot measure was a legislative referral, placed on the ballot by the California State Legislature.
Ballot language
The summary of the ballot measure prepared by the California Attorney General read:
- This act provides two billion one hundred million dollars ($2,100,000,000) to protect land around lakes, rivers, and streams and the coast to improve water quality and ensure clean drinking water; to protect forests and plant trees to improve air quality; to preserve open space and farmland threatened by unplanned development; to protect wildlife habitats; and to repair and improve the safety of state and neighborhood parks.
- Appropriates money from the General Fund to pay off bonds.
Fiscal impact estimate
The California Legislative Analyst's Office provided an estimate of net state and local government fiscal impact for Proposition 12. That estimate was:
- State cost of about $3.6 billion over 25 years to pay off both the principal ($2.1 billion) and interest ($1.5 billion) costs on the bonds. Payments of about $144 million per year.
- Costs potentially in the tens of millions of dollars annually to state and local governments to operate property bought or improved with these bond funds.
Campaign spending
Financial supporters of Proposition 12 radically outspent opponents. $4,085,238 was spent in favor, while there was no opposition campaign.
Financial supporters included:
- Nature Conservancy, $2,175,534
- E & J Gallo Winery, $100,926
- Bank of America, $100,000
Path to the ballot
Proposition 12 was voted onto the ballot by the California State Legislature via Assembly Bill 18 of the 1999-2000 Regular Session (Chapter 461, Statutes of 1999) and Senate Bill 1147 of the 1999-2000 Regular Session (Chapter 638, Statutes of 1999).
- The vote to put it on the ballot in the California State Assembly was 61 affirmative votes and 15 negative votes.
- The vote in the California State Senate was 31 "yes" and 3 "no."
See also
External links
- Official Voter Guide to Proposition 12
- Full text of Proposition 12
- Smart Voter on Proposition 12
- Cal Voter on Prop 12
- Top Ten contributors
