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California Online Voter Guide


June 2006 Primary Election
13th Edition

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Proposition 82: Preschool Education. Tax on Incomes Over $400,000 for Individuals; $800,000 for Couples. Initiative Constitutional Amendment and Statute. Failed

Summary

Establishes voluntary preschool education for all four-year olds. Funded by 1.7% tax on individual income over $400,000; couples' income over $800,000. Fiscal Impact: Increased annual revenues of $2.1 billion in 2007-08, growing with the economy in future years. All revenues would be spent on the new preschool program. Full Text of Proposition (PDF)

Official Campaign Web Sites and Contact Information

Who Signed the Ballot Arguments

    Yes on Proposition 82:

    No on Proposition 82:

Follow the Money

Detailed information about all contributors for and against Prop. 82 is available through Cal-Access, the Secretary of State's campaign finance website. To view the most recent contributions, select a committee and click "Late and $5000+ Contributions Received".

Major contributors supporting Prop. 82 as of May 14, 2006 include: California Teachers Association Issues PAC; California State Council of Service Employees Issue PAC; Rob Reiner and Michelle Singer Reiner, Producer, Castle Rock Entertainment, and Homemaker, Beverly Hills; Pat A. Stryker, Philanthropist, Fort Collins, CO; Carl Reiner, Entertainer, Beverly Hills; American Federation of State, County & Municipal Employees; and Action Against Crime & Violence Fund, Washington, DC. In addition, a large number of smaller contributions have come from venture capitalists and individuals in the entertainment industry.

Major contributors opposing Prop. 82 as of May 14, 2006 include: Baron Real Estate, Inc., Redondo Beach; William K. Bowes, Founding Partner, U.S. Venture Partners, Menlo Park; Cypress Management Company, Inc., Los Angeles; California Business PAC; Charles B Johnson, Chairman, Franklin Resources, Inc., San Mateo; Franklin P. Johnson, General Partner, Asset Management Partners, Palo Alto; and Ameriquest Capital Corporation, Orange. In addition, a large number of smaller contributions have come from a variety of California businesses and business executives, including venture capitalists and investors.

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This page was first published on April 26, 2006 | Last updated on June 21, 2007
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