Friday, May 11, 2018

Official CFRW Recommendations on June Ballot Initiatives

CFRW RECOMMENDS:
  • Prop 68: NO
  • Prop 69: NO
  • Prop 70: NO
  • Prop 71: YES
  • Prop 72: YES




June Ballot Measures

Proposition 68: California Parks, Environment, and Water Bond- would issue a $4 billion general obligation bond, with a 3.5% interest rate over 30 years, bringing the bill to the taxpayers up to $6.4 billion total.

The CFRW says vote NO.

Proposition 69: Transportation Taxes and Fees Lockbox and Appropriations Limit Exemption Amendment- states that Senate Bill 1 revenue from diesel taxes will be placed in a “lockbox” and used only for transportation fund purposes. The CFRW says vote NO.

Proposition 70: Vote Requirement to Use Cap and Trade Funds Amendment- would require a one-time vote in 2024 by a 2/3rds legislative majority to allocate state Cap and Trade program revenue. The CFRW says vote NO.

Proposition 71: Effective Date of Ballot Measures Amendment- changes the date for when voter approved ballot measures take effect from the day after the election to the fifth day after the Secretary of State certifies the election. The CFRW says vote YES.

Proposition 72: Rainwater Capture Systems Excluded from Property Tax Assessment- would exclude any new rainwater capture structures from property value tax reassessment from counting as a new structure. The CFRW says vote YES.

If you would like ALL the talking points for each proposition, please email our Advocate at advocate@cfrw.org.
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