Opinion: Calif. bond vote measure takes a beating
By Dan Walters, Sacramento Bee
Democratic legislators and officials, business and labor representatives, and water suppliers took turns Wednesday flailing a November ballot measure that would require voter approval of major state revenue bond issues.
Dan Walters
If the measure is passed, critics said, using bond financing for critical public works projects, including emergency work after a natural disaster, would become more difficult.
The forum was a legislative hearing on a pending ballot measure under a new state law that also allows initiative sponsors to withdraw their proposals even after they have qualified for the ballot. The Legislature cannot, however, change a measure on its own.