Update on California Ballot Measures
April 17, 2018
CLSA PAC Update By Manny Heer
As of March 3, five statewide ballot propositions had been certified for 2018. The state legislature has until Aug. 31, 2018, to refer additional propositions for the ballot. A summary of these propositions are below.
PROPOSITION 68: Senate Bill (SB) 5, De León. California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access For All Act of 2018.
This bill would enact the California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access For All Act of 2018, which, if approved by the voters, would authorize the issuance of bonds in an amount of $4,000,000,000 pursuant to the State General Obligation Bond Law to finance a drought, water, parks, climate, coastal protection, and outdoor access for all program. The bill, upon voter approval, would reallocate $100,000,000 of the unissued bonds authorized for the purposes of Propositions 1, 40, and 84 to finance the purposes of a drought, water, parks, climate, coastal protection, and outdoor access for all program.
PROPOSITION 69: Assembly Constitutional Amendment (ACA) 5 (Resolution Chapter 30, statutes of 2017), Frazier. Motor vehicle fees and taxes: restriction on expenditures: appropriations limit.
Requires revenues from proposed Transportation Improvement Fee to be used solely for transportation purposes and prohibits those revenues from being used to pay for previously authorized transportation bond debt service. Requires diesel fuel sales tax revenues to be deposited into the Public Transportation Account and prohibits the Legislature from diverting those funds for other than transportation planning and mass transportation purposes.
PROPOSITION 70: ACA 1 (Resolution Chapter 105, statutes of 2017), Mayes. Greenhouse Gas Reduction Reserve Fund.
Beginning on January 1, 2024, deposits cap and trade revenues in a newly created Greenhouse Gas Reduction Reserve Fund. Requires a two-thirds vote threshold to appropriate funds out of the Greenhouse Gas Reduction Reserve Fund. Suspends the Manufacturing Sales Tax Exemption after January 1, 2024 until a two-thirds appropriation from the Greenhouse Gas Reduction Reserve Fund takes effect.
PROPOSITION 71: ACA 17 (Resolution Chapter 190, Statutes of 2017), Mullin.
ACA 17 will delay the enactment of initiative or referenda until five days after the Secretary of State releases the Statement of Vote to allow time necessary to count and verify all ballots including vote-by-mail and absentee votes. By delaying the enactment until after the vote has been certified, this measure ensures that the true and correct implementation of ballot measures occurs.
PROPOSITION 72: Senate Constitutional Amendment (SCA) 9 (Resolution Chapter 1, Statutes of 2018), Glazer.
A measure to allow rainwater capture systems to be installed without counting as new construction for the purposes of reassessing property taxes.
Questions: Please contact Oliver Rocroi, Senior Director, State Government Relations (email@example.com) or (916) 588-0965.