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Sep 21, 2018
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Prop 22: State borrowing

SUMMARY

Prohibits State, even during severe fiscal hardship, from borrowing, taking or delaying distribution of funds used for transportation, redevelopment, or local government projects and services.

Fiscal Impact:

Decreased state General Fund spending and or increased state revenues, probably in the range of $1 billion to several billions of dollars annually. Comparable increases in funding for state and local transportation programs and local redevelopment.

WHAT YOUR VOTE MEANS

A YES vote on this measure means:

The state’s authority to use or redirect state fuel tax and local property tax revenues would be significantly restricted.

A NO vote on this measure means:

The state’s current authority over state fuel tax and local property tax revenues would not be affected.

FOR ADDITIONAL INFORMATION VISIT

www.SaveLocalServices.com and www.VoteNoProp22.com

Official voter information guide courtesy of the Secretary of State web site.
To find out how and where to vote call (800) 345-VOTE or visit www.sos.ca.gov.

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