California Statewide General Election
Tuesday, November 2, 2010, Official Voter Information Guide
Official Voter Information Guide
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Propositions
- Proposition 18
- Proposition 19
- Proposition 20
- Proposition 21
Proposition 22
- Proposition 23
- Proposition 24
- Proposition 25
- Proposition 26
- Proposition 27
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PROPOSITION
22
PROHIBITS THE STATE FROM BORROWING OR TAKING FUNDS USED FOR TRANSPORTATION, REDEVELOPMENT, OR LOCAL GOVERNMENT PROJECTS AND SERVICES. INITIATIVE CONSTITUTIONAL AMENDMENT.
Official Title and Summary
Prepared by the Attorney General
PROHIBITS THE STATE FROM BORROWING OR TAKING FUNDS USED FOR TRANSPORTATION, REDEVELOPMENT, OR LOCAL GOVERNMENT PROJECTS AND SERVICES. INITIATIVE CONSTITUTIONAL AMENDMENT.
- Prohibits the State, even during a period of severe fiscal hardship, from delaying the distribution of tax revenues for transportation, redevelopment, or local government projects and services.
Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact:
Due to restrictions on state authority over fuel and property taxes, the state would have to take alternative actions—probably in the range of $1 billion to several billion dollars annually. This would result in both:
- Reductions in General Fund program spending and/or increases in state revenues of those amounts.
- Comparable increases in funding for state and local transportation programs and local redevelopment.