CalChamber-Backed June Ballot Measures Receive Numbers

Proposition numbers have been assigned to the measures that will appear on the June ballot. As previously reported, the California Chamber of Commerce supports the following:

• Proposition 68: California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access for All Act of 2018, a $4 billion bond measure. See December 15, 2017 Alert.

•Proposition 69: ACA 5, a constitutional amendment to restrict use of diesel sales tax revenues and the new transportation improvement fee to transportation purposes. Both revenue sources were part of CalChamber-supported SB 1, the Road Repair and Accountability Act of 2017. See January 26, 2018 Alert.

• Proposition 70: ACA 1, a constitutional amendment requiring revenues from the cap-and-trade auctions to be deposited into the Greenhouse Gas Reduction Reserve Fund. The cap-and-trade expenditure plan is subject to a one-time legislative supermajority approval before the funds can be spent. See January 26, 2018 Alert.

The CalChamber has not yet taken a position on the other two June ballot measures:

• Proposition 71: ACA 17, a constitutional amendment to state that an initiative, referendum or constitutional amendment or revision approved by a majority of voters takes effect 5 days after the Secretary of State certifies the election.

• Proposition 72: SCA 9, a constitutional amendment to authorize the Legislature to exclude rain water capture systems completed on or after January 1, 2019 from being classified as new construction that would result in a reassessment of the property.