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California Proposition 12, Water, Recreation, and Open Space Bond Measure (March 2000)
California Proposition 12 | |
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Election date |
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Topic Bond issues and Drinking water systems |
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Status |
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Type Bond issue |
Origin |
California Proposition 12 was on the ballot as a bond issue in California on March 7, 2000. It was approved.
A "yes" vote supported authorizing the state to issue $2.1 billion in bonds for clean water, recreational projects, and preserve open space and farmland. |
A "no" vote opposed authorizing the state to issue $2.1 billion in bonds for clean water, recreational projects, and preserve open space and farmland. |
From 1975-2000, California voters had approved about $1.9 billion of general obligation bonds for similar purposes. In June 1999, all but about $18 million of the bonds authorized by the previous bond acts had been spent or committed.[1]
Election results
California Proposition 12 |
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Result | Votes | Percentage | ||
4,657,600 | 63.11% | |||
No | 2,722,030 | 36.89% |
Text of measure
Ballot title
The ballot title for Proposition 12 was as follows:
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Ballot summary
The ballot summary for this measure was:
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• Provides for a bond issue of two billion one hundred million dollars ($2,100,000,000) to provide funds to protect land around lakes, rivers, and streams and the coast to improve water quality and ensure clean drinking water; to protect forests and plant trees to improve air quality; to preserve open space and farmland threatened by unplanned development; to protect wildlife habitats; and to repair and improve the safety of state and neighborhood parks. • Appropriates money from state General Fund to pay off bonds. | ” |
Full Text
The full text of this measure is available here.
Fiscal impact
- See also: Fiscal impact statement
The California Legislative Analyst's Office provided an estimate of net state and local government fiscal impact for Proposition 12. That estimate was:[1]
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Support
Official arguments
The official arguments in support of Proposition 12 were signed by Robert Stephens, chair of the National Audubon Society-California; Assembly Speaker Antonio Villaraigosa, chair for Californians for Safe Parks; and Allan Zaremberg, president of the California Chamber of Commerce:[1]
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Yes on 12 for Safe Neighborhood Parks, Clean Water, Clean Air and Coastal Protection! We have a responsibility to preserve our communities’ air and water quality, and to make our parks safe for our children and future generations. YES ON 12 WILL:
YES ON 12 IS SUPPORTED BY:
STRICT SAFEGUARDS WILL ENSURE ALL FUNDS ARE SPENT AS PROMISED:
YES ON 12 WILL NOT RAISE TAXES because it requires existing tax revenues to be spent efficiently and effectively.
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Opposition
Official arguments
The official arguments in opposition to Proposition 12 were signed by Ray Haynes, California Senator; Brett Granlund, California Assemblyman; and Lewis K. Uhler, president, The National Tax-Limitation Committee:[1]
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THE NAME OF THIS BOND IS A HUGE DECEPTION— ONLY A SMALL PORTION OF THE $2,100,000,000 WILL BE SPENT ON NEIGHBORHOOD PARKS AND PLAYGROUNDS! The sponsors of this proposition would like you to believe that the bond proceeds will be used to fund neighborhood parks and playgrounds, to enhance your community and your family’s quality of life. But in fact, only a small fraction of the money has been specifically allocated for local city and county parks and playgrounds, and less than one-percent will be spent on soccer and baseball fields! So where will the rest of the money go? The government will use the vast majority of the money to buy more land for insects, rats and weeds. In short, this bond will not benefit your family. Your children will never get to set foot on the land that this bond will purchase, even though they will have to work throughout their adult lives to pay off the bond’s debt. What’s wrong with the government using this money to buy more land? First, there is no shortage of ‘‘park’’ space in California, since more than half of all the land in this state is already owned by the state and federal governments. Most of that land is in remote areas, where you and your family can’t enjoy it. Second, once government buys new land with bond funds, it will have to spend additional taxpayer dollars to manage its new property. Expect to see your taxes go up if this bond passes. Third, do you remember the raging forest fires that blanketed California with smoke last Fall? Most of the smoke came from fires on government-owned land, where dead and diseased trees were left to rot. If this bond passes, even more land will be owned and neglected by the government, and left to provide kindling for the next round of forest fire infernos. Fourth, bond measures are among the most expensive and wasteful financing schemes ever devised. According to the Secretary of State, taxpayers must pay back $1.78 for every $1 of bond proceeds, because of fees paid to lawyers and bankers and the effect of compounded interest. THIS MEANS THAT CALIFORNIA’S TAXPAYERS WILL ULTIMATELY HAVE TO SPEND $3,738,000,000 TO REPAY THIS $2,100,000,000 BOND! Fifth, Californians are already on the hook for $36,900,000,000 for bonds previously approved for other projects. California is now so far in debt that Standard & Poor’s has assigned our state the third worst credit rating of any state in the country! Sixth, the State Legislature determined that these projects were NOT sufficiently important to fund, NOT EVEN WITH THE $12,000,000,000 IN SURPLUS FUNDS THE STATE HAS REALIZED OVER THE PAST FIVE YEARS. No schools, no roads, nothing for you and me—just more dirt for insects, rats and weeds. This money is literally being flushed down a rat hole. Vote NO on Proposition 12![2] |
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Path to the ballot
Proposition 12 was voted onto the ballot by the California State Legislature via Assembly Bill 18 of the 1999-2000 Regular Session (Chapter 461, Statutes of 1999) and Senate Bill 1147 of the 1999-2000 Regular Session (Chapter 638, Statutes of 1999).
Votes in legislature to refer to ballot | ||
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Chamber | Ayes | Noes |
Assembly | 61 | 15 |
Senate | 31 | 3 |
See also
External links
- Official Voter Guide
- Full text of Proposition 12
- Official declaration of the March 7, 2000 vote
- Smart Voter on Proposition 12
- Cal Voter on Prop 12
- Top Ten contributors
Footnotes