Attorney General No.

17-0044

Secretary of State No.

1840

Description

Prohibits state and local governments and special districts from spending proceeds of bonds or taxes approved by the voters for any purposes other than those provided in the measure authorizing those bonds or taxes. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Potentially less state and local fiscal flexibility over the use of bond proceeds and tax revenue, depending upon future decisions made by elected officials, the courts, and the voters.

Proponents

Dave Gilliard or Natalie Blanning 5701 Lonetree Boulevard, Suite 301 Rocklin, CA 95765 (916) 626-6804 info@gbacampaigns.com

Date

1-4-2018

Document Type

Initiative

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