SAFE NEIGHBORHOOD PARKS, CLEAN WATER, CLEAN AIR, AND COASTAL PROTECTION BOND ACT OF 2000. (THE VILLARAIGOSA-KEELEY ACT) • Provides for a bond issue of two billion one hundred million dollars ($2,100,000,000) to provide funds to protect land around lakes, rivers, and streams and the coast to improve water quality and ensure clean drinking water; to protect forests and plant trees to improve air quality; to preserve open space and farmland threatened by unplanned development; to protect wildlife habitats; and to repair and improve the safety of state and neighborhood parks. • Appropriates money from state General Fund to pay off bonds. Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact: • State cost of about $3.6 billion over 25 years to pay off both the principal ($2.1 billion) and interest ($1.5 billion) costs on the bonds. Payments of about $144 million per year. • Costs potentially in the tens of millions of dollars annually to state and local governments to operate property bought or improved with these bond funds.
Legislative Vote Results
Final Votes Cast by the Legislature on AB 18 (Proposition 12) -- Assembly - Ayes, 61; Noes, 15 -- Senate - Ayes, 31; Noes, 3
Popular Vote Results
Y: 4657600; A: 63.2; N: 2722030; B: 36.8
Bond Act Act
Robert Stephens, Chair, National Audubon Society- California; Assembly Speaker Antonio Villaraigosa, Chair, Californians for Safe Parks; Allan Zaremberg, President, California Chamber of Commerce
RAY HAYNES, California Senator; BRETT GRANLUND, California Assemblyman; LEWIS K. UHLER, President, The National Tax- Limitation Committee
Rebuttal Against Author
GAIL DRYDEN, President, League of Women Voters of California; JACQUELINE ANTEE, State President, American Association of Retired Persons (AARP); LARRY McCARTHY, President, California Taxpayers' Association
Safe Neighborhood Parks, Clean Water, Clean Air, and Coastal Protection Bond Act of 2000. (The Villaraigosa- Keeley Act) California Proposition 12 (2000).