California High-Speed Rail Bond Suspension Initiative (2016)

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California High-Speed Rail Bond Suspension Initiative
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Election date
November 8, 2016
Topic
Bond issues
Status
Not on the ballot
Type
State statute
Origin
Citizens


Voting on Bond Issues
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Ballot Measures
By state
By year
Not on ballot


The High-Speed Rail Bond Suspension Initiative (#15-0109A1) was a proposed initiative and was not put on the November 8, 2016, ballot in California as an initiated state statute.

The measure would have suspended the state's existing high-speed rail project and prevent the sale of the remaining amount in bonds previously approved to construct the system. Unspent bond proceeds would be redirected to other purposes approved by voters in the 2016 election, or to retiring outstanding rail bonds.[1]

Proponents that submitted this measure also submitted a ballot proposal that would reallocate up to $10.7 billion in unused bonds, $8 billion of which would be from existing high-speed rail purposes, to fund water storage projects.

Text of measure

Ballot title

The official ballot title was as follows:[2]

High-Speed Rail. No Issuance or Sale of Future Bonds. Suspension of Project. Initiative Statute.[3]

Ballot summary

The official ballot summary was as follows:[2]

Prevents issuance and sale of remaining amount of high-speed rail bonds previously approved by voters to initiate construction of high-speed train system. Redirects unspent high-speed rail bond proceeds to any other purpose approved by voters in separate measure at same election, or, if none, to retiring outstanding high-speed rail bonds. Suspends high-speed rail project, except to study, using state general funds only, feasibility of completing full route from San Francisco to Los Angeles with Sacramento and San Diego connections. Establishes process for preserving project assets and retiring pre-existing obligations.[3]

Full text

The full text of the measure could be found here.

Fiscal impact

Note: The fiscal impact statement for a California ballot initiative authorized for circulation is jointly prepared by the state's legislative analyst and its director of finance. The statement was as follows:[2]

State savings of up to about $700 million annually in debt-service costs, depending on the actual reduction in bond funds spent as a result of this measure. Other potential fiscal effects (such as changes in state spending and loss of federal funds), depending on whether the state continued to pursue a high-speed rail project in the future.[3]

Path to the ballot

See also: California signature requirements


State profile

Demographic data for California
 CaliforniaU.S.
Total population:38,993,940316,515,021
Land area (sq mi):155,7793,531,905
Race and ethnicity**
White:61.8%73.6%
Black/African American:5.9%12.6%
Asian:13.7%5.1%
Native American:0.7%0.8%
Pacific Islander:0.4%0.2%
Two or more:4.5%3%
Hispanic/Latino:38.4%17.1%
Education
High school graduation rate:81.8%86.7%
College graduation rate:31.4%29.8%
Income
Median household income:$61,818$53,889
Persons below poverty level:18.2%11.3%
Source: U.S. Census Bureau, "American Community Survey" (5-year estimates 2010-2015)
Click here for more information on the 2020 census and here for more on its impact on the redistricting process in California.
**Note: Percentages for race and ethnicity may add up to more than 100 percent because respondents may report more than one race and the Hispanic/Latino ethnicity may be selected in conjunction with any race. Read more about race and ethnicity in the census here.

Presidential voting pattern

See also: Presidential voting trends in California

California voted for the Democratic candidate in all seven presidential elections between 2000 and 2024.


More California coverage on Ballotpedia

See also

Footnotes

  1. 1.0 1.1 California Secretary of State, "Full text," accessed January 28, 2016
  2. 2.0 2.1 2.2 2.3 California Secretary of State, "Initiatives and Referenda Cleared for Circulation," accessed January 28, 2016
  3. 3.0 3.1 3.2 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.