Voting Modernization Bond Act of 2002. (Shelley-Hertzberg Act). • This act is to ensure that every person’s vote is accurately counted. • Authorizes the issuance of state bonds allowing counties to purchase modern voting equipment and replace outdated punch card (chad) systems. • Provides for bonds in the amount of two hundred million dollars ($200,000,000). • Appropriates money from the state General Fund to pay off bonds. Summary of Legislative Analyst’s Estimate of Net State and Local Government Fiscal Impact: • State costs of about $255 million over ten years to pay off both the principal ($200 million) and interest ($55 million) costs of the bonds. Payments of about $26 million per year. • One-time county costs of about $67 million statewide to match state funds. • Additional annual county operating costs for new voting systems in the several tens of millions of dollars statewide.
Legislative Vote Results
Final Votes Cast by the Legislature on AB 56 (Proposition 41) -- Assembly: Ayes 71 Noes 7 -- Senate: Ayes 29 Noes 8 --
Popular Vote Results
Y: 2481027; A: 51.6; N: 2332512; B: 48.4
Bond Act Act
KEVIN SHELLEY, Assembly Majority Leader; BARBARA INATSUGU, President League of Women Voters of California; BILL JONES, Secretary of State --
HONORABLE DENNIS MOUNTJOY, Member of the Assembly, 59th District; JON COUPAL, President Howard Jarvis Taxpayers Association; LEWIS K. UHLER, President National Tax Limitation Committee --
Rebuttal Against Author
KEVIN SHELLEY, Assembly Majority Leader; BILL JONES, Secretary of State; ROBERT HERTZBERG, Assembly Speaker
Voting Modernization Bond Act of 2002. (Shelley- Hertzberg Act.) California Proposition 41 (2002).