California Proposition 61 (2004)
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California Proposition 61, or the Children's Hospital Bond Act of 2004, was on the November 2, 2004 general election ballot in California as an initiated state statute, where it was approved.
- 6,629,095 (58.3%)
- 4,750,309 (41.7%)
Proposition 61 authorized the sale of $750,000,000 in bonds to provide funding for children's hospitals.
Supporters of the measure ran a $5 million television advertising campaign in the two weeks before the electon featuring Jamie Lee Curtis.[1]
Official summary
- Authorizes $750,000,000 in general obligation bonds, to be repaid from state's General Fund, for grants to eligible children's hospitals for construction, expansion, remodeling, renovation, furnishing and equipping children's hospitals.
- 20% of bonds are for grants to specified University of California general acute care hospitals; 80% of bonds are for grants to general acute care hospitals that focus on children with illnesses such as leukemia, heart defects, sickle cell anemia and cystic fibrosis, provide comprehensive services to a high volume of children eligible for government programs, and that meet other stated requirements.
Fiscal impact estimate
The California Legislative Analyst's Office provided an estimate of net state and local government fiscal impact for Proposition 61. That estimate was:
- State cost of about $1.5 billion over 30 years to pay off both the principal ($750 million) and the interest ($756 million) costs of the bonds. Payments of about $50 million per year.
Campaign spending
Campaign spending on Proposition 61 was entirely lopsided. There was a "Yes on 61" campaign committee, but there was no "No on 61" campaign committee.
The "Yes on 61" committee raised and spent about $5.2 million. Every donor of more than $1,500 was a hospital, with the Children's Hospital of los Angeles leading the donor list at $696,670.[2]
External links
- Official Voter Information Guide with text of Proposition 61
- LAO analysis of Proposition 61
- November 2004 election results from the California Secretary of State
- Information about the implementation of Prop. 61 since it passed in 2004
- List of $5,000 and up contributors to "Yes on 61"
- Guide to Proposition 61 from the California Voter Foundation
- Analysis of Proposition 61 from the Institute of Governmental Studies
- Archived copy of the "Yes on 61" website
References
- ↑ Sacramento Bee, "Field Poll: Voters who've heard of Proposition 3 tend to favor it", September 30, 2008
- ↑ Donors to "Yes on Prop 61"
