AP18:105
For Immediate Release
June 26, 2018
Contact:
Sam Mahood
(916) 653-6575
New Measure Eligible for California's November 2018 Ballot
Eliminates Certain Liability for Lead-Paint Manufacturers. Authorizes Bonds to Fund Structural and Environmental Remediation Projects. Initiative Statute.
SACRAMENTO - Secretary of State Alex Padilla today announced that an initiative is eligible for the November 6, 2018, General Election ballot.
In order to become eligible for the ballot, the initiative needed 365,880 valid petition signatures, which is equal to five percent of the total votes cast for governor in the November 2014 General Election.
An initiative can qualify via random sampling of petition signatures if the sampling projects a number of valid signatures greater than 110 percent of the required number. The initiative needed at least 402,468 projected valid signatures to qualify by random sampling, and it exceeded that threshold today.
On June 28, 2018, the Secretary of State will certify the initiative as qualified for the November 6, 2018 General Election ballot, unless the proponent withdraws the initiative prior to that date pursuant to Elections Code section 9604(b).
The Attorney General's official title and summary of the initiative is as follows:
ELIMINATES CERTAIN LIABILITY FOR LEAD-PAINT MANUFACTURERS. AUTHORIZES BONDS TO FUND STRUCTURAL AND ENVIRONMENTAL REMEDIATION PROJECTS. INITIATIVE STATUTE. Declares that lead paint in homes is not a public nuisance. Eliminates liability of lead-paint manufacturers—in cases pending on or after November 1, 2017—for claims that lead paint in homes causes a public nuisance. Authorizes $2 billion in state general obligation bonds to fund grants for certain structural and environmental remediation projects as follows: $1.5 billion for certain residential units; $400 million for schools; and $100 million for senior housing facilities. Appropriates money from the General Fund to repay bonds. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: State General Fund costs of $3.9 billion to pay off principal ($2 billion) and interest ($1.9 billion) on bonds over a period of 35 years. Annual payments would average $110 million, with payments lower in the initial and final few years and somewhat higher in the intervening years. Reduction of several hundred million dollars or more in funding for local programs to clean up lead-based paint in homes. (17-0049.)
The proponent of this initiative is Randy Perry. The proponent can be reached c/o Kurt Oneto at (916) 446-6752.
For more information about how an initiative qualifies for the ballot in California, visit http://www.sos.ca.gov/elections/ballot-measures/how-qualify-initiative/
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