California Online Voter Guide

November 2008 General Election
17th edition

Proposition 3 - Children’s Hospital Bond Act. Grant Program. Passed

Initiative Statute

Summary

• Authorizes $980,000,000 in bonds, to be repaid from state’s General Fund, to fund the construction, expansion, remodeling, renovation, furnishing and equipping of children’s hospitals.

• Designates that 80 percent of bond proceeds go to hospitals that focus on children with illnesses such as leukemia, cancer, heart defects, diabetes, sickle cell anemia and cystic fibrosis.

• Requires that qualifying children’s hospitals provide comprehensive services to a high volume of children eligible for governmental programs and meet other requirements.

• Designates that 20 percent of bond proceeds go to University of California general acute care hospitals.

• Fiscal Impact: State cost of about $2 billion over 30 years to pay off both the principal ($980 million) and the interest ($933 million) costs of the bonds. Payments of about $64 million per year.

What a Yes or No Vote Means

YES: A “YES” vote on this measure means: The state could sell $980 million in general obligation bonds for the construction, expansion, remodeling, renovation, furnishing, equipping, financing, or refinancing of children’s hospitals.

NO: A “NO” vote on this measure means: The state would not sell the $980 million in general obligation bonds proposed for these purposes.

Full Text of Proposition 3 - (PDF)

Official Campaign Web Sites and Contact Information

• Yes on Proposition 3

Yes on Prop. 3
Yes on Children's Hospitals, Yes on 3
455 Capitol Mall, Suite 801
Sacramento, CA 95814
Phone: (916) 552-7116
Email: cbracy@ccha.org
Web site: www.imaginewithus.org

• No on Proposition 3

  No information available

Who Signed the Ballot Arguments

• Yes on Proposition 3

  Robin Meeks, Parent
  Mindy Vazquez, Parent
  Diane Gibson, Parent

• No on Proposition 3

  Lewis K. Uhler, President, National Tax Limitation Committee
  Edward ‘Ted’ Costa, President,People’s Advocate
  Jon Fleischman, Publisher, Flashreport.org

News Articles

CVF's News Stories section provides California voters with convenient access to a sampling of news articles that give an overview of the potential impact of the propositions on the ballot.

Follow the Money

Proposition 3 Campaign Finances through October 18, 2008
Position	Support			Oppose
Total Raised	$7,500,758
Top Donors	Name	Amount		Name	Amount
	Children’s Hospital Los Angeles	$1,425,181
	Rady Children’s Hospital – San Diego	$869,902
	Miller Children’s Hospital [Long Beach, CA]	$861,471
	Children’s Hospital of Orange County	$860,062
	Children’s Hospital Central California [Madera]	$854,760

Detailed information about all contributors for and against Proposition 3 is available from campaign finance reports at Cal-Access, the Secretary of State's campaign disclosure web site. To view the most recent contributions, select a committee and click "Late and $5000+ Contributions Received".

 

 

 

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This page was first published on September 27, 2008 | Last updated on December 21, 2008
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