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California Proposition 9, Prohibition of Utility Taxes, Bond Payments, or Surcharges for Nuclear Power Assets Initiative (1998)
| California Proposition 9 | |
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| Election date |
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| Topic Nuclear energy and Utility policy |
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| Status |
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| Type Initiated state statute |
Origin |
California Proposition 9 was on the ballot as an initiated state statute in California on November 3, 1998. It was defeated.
A "yes" vote supported:
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A "no" vote opposed this initiative which would have made changes to the state's electricity industry. |
Election results
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California Proposition 9 |
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| Result | Votes | Percentage | ||
| Yes | 2,065,674 | 26.56% | ||
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5,711,888 | 73.44% | ||
Measure design
Proposition 9 would have prohibited private electric utilities from charging customers for the transition costs for nuclear power plants. It would also have prohibited the assessment of taxes, bonds, surcharges to pay costs of nuclear power plants, limited recovery by electric companies for the costs of non-nuclear power plants, and prohibited the issuance of rate reduction bonds. It would have also required increasing the required rate reduction from 10% to 20%.[1]
Text of measure
Ballot title
The ballot title for Proposition 9 was as follows:
| “ | Electric Utilities. Assessments. Bonds. Initiative Statute. | ” |
Ballot summary
The ballot summary for this measure was:
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Full Text
The full text of this measure is available here.
Fiscal impact
The California Legislative Analyst's Office provided the following estimate of net state and local government fiscal impact for Proposition 9:[1]
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Support
Supporters
- Harvey Rosenfield, co-chair of Californians Against Utility Taxes[1]
- Nettie Hoge, executive director of The Utility Reform Network[1]
- Harry M. Snyder, senior advocate of Consumers Union, Publisher of Consumer Reports[1]
Official arguments
The official arguments in support of Proposition 9 can be found here.
Opposition
Opponents
- Larry McCarthy, president of California Taxpayers Association[1]
- Jerry Meral, executive director of the Planning and Conservation League[1]
- Allan Zaremberg, president of California Chamber of Commerce[1]
Official arguments
The official arguments in opposition to Proposition 9 can be found here.
Path to the ballot
In California, the number of signatures required for an initiated state statute is equal to 5 percent of the votes cast at the preceding gubernatorial election. For initiated statutes filed in 1998, at least 433,269 valid signatures were required.
See also
External links
- Official California Voter Guide
- Full text of Proposition 9
- November 3 California proposition election results (Scroll to page 12.)
- Top Ten Contributors to the Proposition 9 campaign
Footnotes
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State of California Sacramento (capital) |
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