Senate Constitutional Amendment No.3. Directs issue and sale of $100,000,000 of State bonds to provide loans and grants to school districts to be used for such purposes as school site acquisition and improvement, school building construction and alteration, and school furniture and equipment purchase, as well as for expenses of bond issue and of administration. Permits Legislature to reduce total bond issue by appropriation of other money or to augment bond proceeds by additional appropriation. Provides that fund allocation shall be regulated by Legislature, which shall require districts to repay State according to their ability.
Popular Vote Results
Y: 2758076; A: 80.1; N: 686507; B: 19.9
Senate Constitutional Amendment
Code Sections Affected
Added Cal. Const. art. XVI, section 17.
Nelson S. Dilworth, Senator for Riverside County; Samuel R. Geddes, Assemblyman, Napa and Solano Counties; J. Howard Williams, State Senator for Tulare County
Robert Tideman, 566 Head Street, San Francisco 25, Calif.
SCHOOL BONDS California Proposition 2 (1954).