PROP
4

AUTHORIZES BONDS FUNDING CONSTRUCTION AT HOSPITALS PROVIDING CHILDREN’S HEALTH CARE. INITIATIVE STATUTE.

SUMMARY

Put on the Ballot by Petition Signatures

Authorizes $1.5 billion in bonds, to be repaid from state’s General Fund, to fund grants for construction, expansion, renovation, and equipping of qualifying children’s hospitals. Fiscal Impact: Increased state costs to repay bonds averaging about $80 million annually over the next 35 years.

WHAT YOUR VOTE MEANS

YES A YES vote on this measure means: The state could sell $1.5 billion in general obligation bonds for the construction, expansion, renovation, and equipping of certain hospitals that treat children.

NO A NO vote on this measure means: The state could not sell the $1.5 billion in general obligation bonds proposed for these purposes.

 

ARGUMENTS

PRO California Children's Hospitals provide specialized care for over 2 million sick children each year—cancer, sickle cell, organ transplants—no matter what families can pay. 85% of children with leukemia are cured. Proposition 4 increases capacity, provides the latest technology, and advances pediatric research to cure more children.

CON Proposition 4 would authorize the State to borrow $1.5 billion for construction and expansion at "non-profit" children hospitals by selling bonds that would need to be repaid with interest. We should look at the bigger picture and ask how to improve health care outcomes in California.

FOR ADDITIONAL INFORMATION

FOR
Yes 4 Children's Hospitals—
Yes on Proposition 4
YesOnProposition4.org
AGAINST
Gary Wesley
Mountain View, CA

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