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Safe Neighborhood Parks, Clean Water,
Clean Air, and Coastal Protection Bond Act of 2000.
(The Villaraigosa-Keeley Act)
 Official Title and Summary prepared by the Attorney General 
Full Text of
Proposed Law
Safe Neighborhood Parks, Clean Water,
Clean Air, and Coastal Protection Bond Act of 2000.
(The Villaraigosa-Keeley Act)
Provides for a bond issue of two billion one hundred million dollars ($2,100,000,000) to provide funds to protect land around lakes, rivers, and streams and the coast to improve water quality and ensure clean drinking water; to protect forests and plant trees to improve air quality; to preserve open space and farmland threatened by unplanned development; to protect wildlife habitats; and to repair and improve the safety of state and neighborhood parks.

Appropriates money from state General Fund to pay off bonds.

Summary of Legislative Analyst's
Estimate of Net State and Local Government Fiscal Impact:
State cost of about $3.6 billion over 25 years to pay off both the principal ($2.1 billion) and interest ($1.5 billion) costs on the bonds. Payments of about $144 million per year.

Costs potentially in the tens of millions of dollars annually to state and local governments to operate property bought or improved with these bond funds.

Final Votes Cast by the Legislature on AB 18 (Proposition 12)

Assembly: Ayes61    Senate: Ayes31
Noes15     Noes 3

Analysis by the Legislative Analyst

Argument in Favor of Proposition 12

Rebuttal to Argument in Favor of Proposition 12

Argument Against Proposition 12

Rebuttal to Argument Against Proposition 12

Full Text of Proposition 12

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