PASSENGER RAIL AND CLEAN AIR BOND ACT OF 1994. • 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. • Authorizes third of three bond issues of one billion dollars ($1,000,000,000) each, provided for by Statutes of 1989, Chapter 108, to finance total of three billion dollars ($3,000,000,000) for the long-range transportation plan. Voters approved the first issue in 1990, rejected the second issue in 1992. • Appropriates money from state General Fund to payoff bonds.
Legislative Vote Results
Final Votes Cast by the Legislature on AB 973 (Proposition 181) Assembly - Ayes, 68; Noes, 6 -- Senate - Ayes, 38; Noes, 0 --
Popular Vote Results
Y: 2791681; A: 34.9; N: 5203161; B: 65.1
Bond Act Act
SENATOR QUENTIN L. KOPP, Chairman, Senate Transportation Committee; DEAN R. DUNPHY, Secretary for Business, Transportation, and Housing Agency --
PHIL WYMAN, State Senator, 16th District; TOM McCLINTOCK, Taxpayer Advocate --
Rebuttal Against Author
DEAN R. DUNPHY, Secretary for Business, Transportation, and Housing Agency; MARIAN BERGESON, State Senator, 35th District; JAMES M. STROCK, Secretary for California Environmental Protection Agency (Cal/EPA) --
Passenger Rail and Clean Air Bond Act of 1994. California Proposition 181 (1994).