California Proposition 156, Transportation Improvements Bond Measure (1992)
California Proposition 156 | |
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Election date |
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Topic Bond issues and Transportation |
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Status |
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Type Bond issue |
Origin |
California Proposition 156 was on the ballot as a bond issue in California on November 3, 1992. It was defeated.
A “yes” vote supported allowing for the issuance of bonds up to $1,000,000,000 for transportation improvements and establishing the terms of such bonds. |
A “no” vote opposed allowing for the issuance of bonds up to $1,000,000,000 for transportation improvements and establishing the terms of such bonds. |
Election results
California Proposition 156 |
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Result | Votes | Percentage | ||
Yes | 4,910,982 | 48.11% | ||
5,296,753 | 51.89% |
Text of measure
Ballot title
The ballot title for Proposition 156 was as follows:
“ | Passenger Rail and Clean Air Bond Act of 1992 | ” |
Ballot summary
The ballot summary for this measure was:
“ | PASSENGER RAIL AND CLEAN AIR BOND ACT OF 1992 • 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. • Proceeds will fund the second phase of the long-range transportation plan, approved by voters in 1990. • Appropriates money from state General Fund to payoff bonds. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
A simple majority vote was needed in each chamber of the California State Legislature to refer the measure to the ballot for voter consideration.
See also
External links
Footnotes
State of California Sacramento (capital) | |
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