-
Villa look to break in to top four - about 1 min ago
-
Premier League: Jhon Duran and Ryan Gravenberch among surprise packages so far this season - 4 mins ago
-
Surgeon Who Beat Cancer 3 Times Debunks Alternative Therapies—’No Evidence’ - 12 mins ago
-
Bournemouth vs. Arsenal lineup, prediction, picks: Where to watch Premier League live stream, TV channel, odds - 14 mins ago
-
Celta Vigo vs Real Madrid Prediction: La Liga Primera - 15 mins ago
-
‘It was a frightening time to be a woman’ - 17 mins ago
-
Weak La Niña and dry conditions likely in the Southwest this winter - 27 mins ago
-
Donald Trump Urges Women To Get ‘Fat Pig’ Husbands To Vote Early - 28 mins ago
-
How a 102-year-old woman is defying the odds as a musician, volunteer and more - 32 mins ago
-
iQOO 13 Design Revealed in Leaked Live Images; Could Feature Narrow Bezels, Flat Edges - 35 mins ago
California Proposition 5 voter guide: Local housing, road bonds
Currently, most local bond proposals require a two-thirds vote of the public to be approved. If voters pass Proposition 5, this threshold will be lowered to 55% for bonds supporting low-income housing, road and transit expansions, parks, wildfire resilience and other public infrastructure projects.
The existing supermajority requirement for local bond approval goes back to the series of tax restrictions in California’s Constitution inaugurated by the passage of Proposition 13 in 1978.
Because of a prior ballot measure, the threshold for approval for local school construction bonds already has been lowered to 55%.
If Proposition 5 passes, it would affect all future local bond campaigns covered by the measure, including those concurrently on the November ballot.
Most notably, Bay Area officials are asking voters in November to approve a $20-billion bond to finance various affordable housing programs in that region, the largest housing bond in the state’s history. Proposition 5’s approval would mean that the Bay Area measure would need the support of only 55% of voters to pass rather than two-thirds.
Source link