Authorizes $750 million general obligation bonds for grants to eligible children’s hospitals for construction, expansion, remodeling, renovation, furnishing and equipping children’s hospitals. Fiscal Impact: State cost of about $1.5 billion over 30 years to pay off both the principal ($750 million) and interest ($756 million) costs of the bonds. Payments of about $50 million per year.
Outcome: By a 58.1 percent to 41.9 percent margin, voters authorized the state to issue $750 million in general obligation bonds to fund children's hospitals.
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Facts & Analysis
Visit the no-spin zone for the who, what, and why of Proposition 61.
Visit the no-spin zone for the who, what, and why of Proposition 61.
For & Against
Review the official ballot summary, arguments, and rebuttals in an easy-to-read format.
Review the official ballot summary, arguments, and rebuttals in an easy-to-read format.
MoneyWatch
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Track who is contributing to the pro and con campaigns and how much.
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View factual analysis of campaign ads, as well as estimated expenditures statewide and by market.
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Monitor public opinion through the latest statewide, non-partisan polls.
