PASSENGER RAIL AND CLEAN AIR BOND ACT OF 1992 • This act provides for a bond issue of one billion dollars ($1,000,000,000) to provide funds for acquisition of rights-of-way, capital expenditures, and acquisitions of rolling stock for intercity rail, commuter rail, and rail transit programs. • Proceeds will fund the second phase of the long-range transportation plan, approved by voters in 1990. • Appropriates money from state General Fund to payoff bonds.
Legislative Vote Results
Final Votes Cast by the Legislature on AB 973 (Proposition 156) Assembly -- Ayes, 68; Noes, 6 -- Senate -- Ayes, 38; Noes, 0
Popular Vote Results
Y: 4910982; A: 48.11; N: 5296753; B: 51.89
Bond Act (leg)
Jananne Sharpless, Chair, California Air Resources Board; Leo Trombatore, Former Director, California Department of Transportation; Kirk West, President, California Chamber of Commerce
Dr. Martin Wachs, Professor of Transportation Planning, UCLA Graduate School of Architecture and Urban Planning; Ryan Snyder, Urban Planner/Transportation Specialist
Rebuttal Against Author
Ralph Black, President, California Association of Persons With Handicaps; Michael Paparian, State Director, Sierra Club -- California; Terry O. Cooper, Chair, California Transit Association
Passenger Rail and Clean Air Bond Act of 1992 California Proposition 156 (1992).