California Proposition 13 (2000)

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This article is about a 2000 ballot measure in California. For other measures with a similar title, see Proposition 13.

Contents

California Proposition 13 was on the March 7, 2000 ballot in California, where it was approved, with 64.8% of voters in favor. It authorized a $1.97 billion bond for various water quality and water infrastructure 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 for a bond issue of one billion nine hundred seventy million dollars ($1,970,000,000) to provide funds for a safe drinking water, water quality, flood protection, and water reliability program.
  • 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 13. That estimate was:

  • State cost of up to $3.4 billion over 25 years to pay off both the principal ($1.97 billion) and interest ($1.4 billion) costs on the bonds. Payments of about $135 million per year.
  • Potential costs of an unknown amount to local governments to operate or maintain projects developed with these bond funds.

Campaign spending

Financial supporters of Proposition 12 radically outspent opponents. $3,964,862 was spent in favor, while there was no opposition campaign.

Financial supporters included:

Path to the ballot

Proposition 13 was voted onto the ballot by the California State Legislature via Assembly Bill 1584 of the 1999-2000 Regular Session (Chapter 725, Statutes of 1999).

See also

External links

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