Thursday, October 13, 2016

Proposition 53 Passage Could Complicate Controversial Projects

Proposition 53 on the November ballot is an initiative that requires statewide voter approval before any revenue bonds could be issued or sold by the state for certain projects if the bond amounts to more than two billion dollars. The controversial measure is bankrolled by Delta farmer Dean Cortopassi and seen as a direct attack on the delta tunnels project being pushed by Governor Jerry Brown. Proponents frame it as a measure to prevent large unapproved building projects and protect taxpayers. Opponents say it could cripple important local construction projects and obstruct disaster relief funding. Vic Bedoian reports from Fresno.