PROP
13

PROPOSITION 013 - AB 48 (CHAPTER 530, STATUTES OF 2019), O DONNELL. EDUCATION FINANCE: SCHOOL FACILITIES: PUBLIC PRESCHOOL, K-12, AND COLLEGE HEALTH AND SAFETY BOND ACT OF 2020

PROPOSITION 013 - AB 48 (CHAPTER 530, STATUTES OF 2019), O DONNELL. EDUCATION FINANCE: SCHOOL FACILITIES: PUBLIC PRESCHOOL, K-12, AND COLLEGE HEALTH AND SAFETY BOND ACT OF 2020

Summary

Authorizes $15 billion in state general obligation bonds for construction and modernization of public education facilities. Fiscal Impact: Increased state costs to repay bonds estimated at about $740 million per year (including interest) over the next 35 years.

Money Raised

Chart depicts total fundraising by all committees primarily formed for and against Prop 13.Totals are updated daily with contributions from Power Search opens new window and adjustments from the most recent Political Reform Division analysis. opens new window

Largest Contributions

Showing the 10 largest contributions to committees formed primarily for and against Prop 13 in the election cycle when it appeared on the ballot. Contributions in earlier election cycles and contributions between allied committees are excluded. For more information on funding for ballot measure campaigns, visit the Power Search opens new window campaign finance search engine.

Yes on Prop 13

California Teachers Association Issues PAC
12/20/2019
$500,000
California Teachers Association Issues PAC
02/18/2020
$500,000
Coalition for Adequate School Housing Issues Committee
12/31/2019
$450,000
United Brotherhood of Carpenters and Joiners of America
02/05/2020
$334,000
Southwest Regional Council of Carpenters Issues Committee
01/29/2020
$333,333
Northern California Carpenters Regional Council Issues PAC
01/29/2020
$330,000
RMV Community Development, LLC and Aggregated Contributions
01/16/2020
$320,000
Coalition for Adequate School Housing Issues Committee
11/14/2019
$250,000
California Democratic Party
12/03/2019
$250,000
Member's Voice of the State Building and Construction Trades Council of California
01/30/2020
$250,000

No on Prop 13

No contributions have been reported to the No on 13 campaign in the election cycle when it appeared on the ballot.

What your vote means

Yes

A YES vote on this measure means: The state could sell $15 billion in general obligation bonds to fund school, community college, and university facility projects. In addition, school districts and community college districts would be authorized to issue more local bonds, and school districts would have new limits on their ability to levy developer fees.

No

A NO vote on this measure means: The state could not sell $15 billion in general obligation bonds to fund education facility projects. The state also would not make changes to school districts’ and community college districts’ existing local borrowing limits or the existing rules for school districts to levy developer fees.

More on Proposition 13

For background on Proposition 13, an analysis by the legislative analyst, endorsements for and against the measure, and more...

Arguments

Pro

YES on PROP. 13 funds essential repairs to make California public schools safer and healthier. Removal of toxic mold and asbestos from aging classrooms. More school nurse facilities. Cleaner drinking water. Fire and earthquake safety upgrades. Strong taxpayer controls. Endorsed by frefghters, doctors, nurses, and teachers. For California’s children. YesonProp13.com

Con

This measure authorizes $15 billion in borrowing, costing taxpayers $27 billion including interest, to build and repair schools. Borrowing is nearly twice as expensive as paying for school construction from the regular budget, which has a huge $21 billion surplus. This is just more government waste. Vote no.

Campaigns

For

Californians for Safe and Healthy Learning, Yes on Prop. 13
info@safeschoolsandhealthylearning.com
YesonProp13.com

Against

Jon Coupal
Howard Jarvis Taxpayers Association
921 11th St. #1201
Sacramento, CA 95814
(916)444-9950
info@hjta.org
www.hjta.org