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Make Your Voice Heard California Statewide November 2, 2004 General Election
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  propositions
 
Ballot Measure Summary
   
 
Proposition 1A
   
 
Proposition 59
   
 
Proposition 60
   
 
Proposition 60A
   
 
Proposition 61
   
 
Proposition 62
   
 
Proposition 63
   
 
Proposition 64
   
 
Proposition 65
   
 
Proposition 66
   
 
Proposition 67
   
 
Proposition 68
   
 
Proposition 69
   
 
Proposition 70
   
 
Proposition 71
   
 
Proposition 72
   
 
Bond Overview
   
  Analysis | Arguments and Rebuttals | Text of Proposed Laws

OFFICIAL TITLE AND SUMMARY
Prepared by the Attorney General

Proposition 61

Children's Hospital Projects. Grant Program.
Bond Act. Initiative Statute.

  • Authorizes $750,000,000 in general obligation bonds, to be repaid from state's General Fund, for grants to eligible children's hospitals for construction, expansion, remodeling, renovation, furnishing and equipping children's hospitals.
  • 20% of bonds are for grants to specified University of California general acute care hospitals; 80% of bonds are for grants to general acute care hospitals that focus on children with illnesses such as leukemia, heart defects, sickle cell anemia and cystic fibrosis, provide comprehensive services to a high volume of children eligible for government programs, and that meet other stated requirements.

Summary of Legislative Analyst's Estimate of Net State and Local Government Fiscal Impact:

  • State cost of about $1.5 billion over 30 years to pay off both the principal ($750 million) and the interest ($756 million) costs of the bonds. Payments of about $50 million per year.



 
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