Yes on Proposition 53
From the Community Coalition on High-Speed Rail: "YES" On Proposition 53!
Many of you may be voting by mail. Others will go to the polls in two weeks, on Tuesday, November 8th.
CC-HSR wants to draw your attention to one of the ballot propositions that can have a big impact on the future of the state's proposed High-Speed Rail project.
Proposition 53 would require that the voters approve any "revenue bonds" issued for a state project if the amount proposed for the bonds is greater than two billion dollars.
Our laws require that General Obligation bonds must be approved by the voters, but current law provides that the state can issue revenue bonds in any amount with no need to get voter approval. Proposition 53 is an initiative measure that would change that rule. The voters would have to sign off on revenue bond funding for huge state projects.
Make no mistake, Governor Brown would like to issue bonds for High-Speed Rail and for his big water project to take northern California water south.
If Proposition 53 passes, funding for these huge state projects and for others like them would need voter approval.
We hope you agree with CC-HSR that the voters should have the right to decide whether or not revenue bond funding should be provided for huge new state projects (like High-Speed Rail, specifically). The state's current HSR project is costly, ill-conceived, and badly managed. The voters should have the right to say "yes" or "no" to any new bonding for this and similar projects.
Governor Brown is spending his own campaign funds for television advertisements that say that Proposition 53 would hurt first responders and undermine "local control." These claims are just not true.
CC-HSR Advises Your "Yes" Vote On Proposition 53.
See also Yes on 53: Stop blank checks.