Proposition Summary

FIRST-TIME HOME BUYERS BOND ACT OF 1982. This act provides for a bond issue of two hundred million dollars ($200,000,000) to provide funds for financing housing.

Proposition Number

5

Year

1982

Document Type

Proposition

Pass/Fail

Pass

Legislative Vote Results

Assembly - Ayes, 62; Noes, 2 -- Senate - Ayes, 29; Noes, 2

Popular Vote Results

Y: 3875064; A: 53.8; N: 3323877; B: 46.2

Election Type

General Election

Proposition Type

Bond Act (leg)

Code Sections Affected

Added Cal. Health & Safety Code, sections 52525, et seq.

For Author

Bruce Young, Member of the Assembly, 63rd District; Tom Bradley, Mayor, City of Los Angeles; George Deukmejian, Attorney General, State of California

Against Author

Robert Weaver, Chairman, Taxpayers Against Bureaucracy; Walter P. Wallace, Director, Taxpayers Against Bureaucracy; Walter A. Snell, Director, Taxpayers Against Bureaucracy

Rebuttal Author

Robert Weaver, Chairman, Taxpayers Against Bureaucracy; Walter P. Wallace, Director, Taxpayers Against Bureaucracy; Walter A. Snell, Director, Taxpayers Against Bureaucracy

Rebuttal Against Author

Bruce Young, Member of the Assembly, 63rd District

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