California Proposition 155
was on the November 3, 1992 ballot
as a legislatively-referred bond act
, where it was approved.
Proposition 155 authorized the state to sell $900 million in general obligation bonds to pay for (1) the construction, reconstruction, or modernization of elementary and secondary school buildings under the State School Building Lease-Purchase Program and (2) other school facility projects.
| Proposition 155|
| Yes|| 5,440,084|| 51.8%|
Text of measure
Path to the ballot
The California State Legislature voted to put Proposition 155 on the ballot in Senate Bill 345 (Statutes of 1992, Chapter 117).