Safe Drinking Water, Clean Water, Watershed Protection, and Flood Protection Bond Act.
	Official Title and Summary prepared by the Attorney General
Full Text of Proposed Law	Safe Drinking Water, Clean Water, Watershed Protection, and Flood Protection Bond Act.

·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.

Summary of Legislative Analyst's
Estimate of Net State and Local Government Fiscal Impact:

·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. Final Votes Cast by the Legislature on AB 1584 (Proposition 13)

Assembly:	Ayes	68		Senate:	Ayes	30
	Noes	11			Noes	6