California Proposition 149, Parks and Recreation Bond Measure (1990)

California Proposition 149
Election date November 6, 1990
Topic Bond issues and Forests and parks
Status d Defeated
Type Bond issue	Origin State Legislature

California Proposition 149 was on the ballot as a bond issue in California on November 6, 1990. It was defeated.

A "yes" vote supported authorizing the state to issue $437 million in bonds for developing and restoring state and local park, beach, recreation, greenbelt, wildland fire protection, coastal, historic, or museum properties.

A "no" vote opposed authorizing the state to issue $437 million in bonds for developing and restoring state and local park, beach, recreation, greenbelt, wildland fire protection, coastal, historic, or museum properties.

Election results

California Proposition 149
Result		Votes	Percentage
Yes		3,330,877	47.08%
No		3,743,765	52.92%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Proposition 149 was as follows:

“

California Parks, Recreation, and Wildlife Enhancement Act of 1990

”

Ballot summary

The ballot summary for this measure was:

“

This act provides for a bond issue of four hundred thirty-seven million dollars ($437,000,000) to provide funds for a program of acquiring, developing, rehabilitating, or restoring real property for state and local park, beach, recreation, greenbelt, wild land fire protection, coastal, historic, or museum purposes.

”

Full Text

The full text of this measure is available here.

Fiscal impact

The fiscal estimate provided by the California Legislative Analyst's Office said:

“

Direct Costs of Paying Off the Bonds. For these types of bonds, the state typically would make principal and interest payments from the state's General Fund over a period of about 20 years. Assuming all of the authorized bonds are sold at an interest rate of 7.5 percent, the cost would be about $780 million to pay off both the principal ($437 million) and interest (about $343 million). The average payment for principal and interest would be about $33 million per year. Operational Costs. The state and local governments that buy or improve property with these bond funds will incur additional costs to operate or manage these properties. These costs may be offset partly by revenues from those properties, such as entrance fees. The net additional costs cannot be estimated.

”

Path to the ballot

See also: Signature requirements for ballot measures in California

A simple majority vote was needed in each chamber of the California State Legislature to refer the measure to the ballot for voter consideration.

See also

1990 Measures

• 1990 Measures
• Property on the ballot
• Parks on the ballot
• land on the ballot
• and natural area conservation on the ballot
• Bond issues on the ballot
• 1990 legislative sessions

California

• California ballot measures
• California ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls

External links

• California Voter Guide (November 1990)