2008 California Proposition 3
Proposition 3 (or the Children's Hospital Bond Act of 2008) is a law that was enacted by California voters by means of the initiative process. It is a bond issue that authorizes $980 million in bonds, to be repaid from state’s General Fund, to fund the construction, expansion, remodeling, renovation, furnishing and equipping of children’s hospitals. The annual payment on the debt authorized by the initiative is approximately $64 million a year. Altogether, the measure would cost about $1.9 billion over 30 years out of California's general fund.
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2008 California Proposition 3
Proposition 3 (or the Children's Hospital Bond Act of 2008) is a law that was enacted by California voters by means of the initiative process. It is a bond issue that authorizes $980 million in bonds, to be repaid from state’s General Fund, to fund the construction, expansion, remodeling, renovation, furnishing and equipping of children’s hospitals. The annual payment on the debt authorized by the initiative is approximately $64 million a year. Altogether, the measure would cost about $1.9 billion over 30 years out of California's general fund.
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Proposition 3 (or the Children ...... the total sum) had been spent.
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19,447,676
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1,019,529,823
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invalid
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no
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title
Proposition 3
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total
13,743,177
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12,638,905
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yes
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Proposition 3 (or the Children ...... of California's general fund.
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label
2008 California Proposition 3
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