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This just in from the state Secretary of State's office

Tax Initiative Enters Circulation

Posted: November 19, 2012 4:26 p.m.
Updated: November 19, 2012 4:26 p.m.
 

SACRAMENTO – Secretary of State Debra Bowen today announced that the proponent of a new initiative may begin collecting petition signatures for the measure.

The Attorney General prepares the legal title and summary that is required to appear on initiative petitions. When the official language is complete, the Attorney General forwards it to the proponent and to the Secretary of State, and the initiative may be circulated for signatures. The Secretary of State then provides calendar deadlines to the proponent and to county elections officials. The Attorney General’s official title and summary for the measure is as follows:

TAXES TO FUND CALIFORNIA PUBLIC UNIVERSITIES AND COMMUNITY COLLEGES. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. Imposes new taxes on gasoline and diesel fuel ($0.025 per gallon), alcohol ($0.05-$1.65 per gallon), and cigarettes ($0.0125 each); raises vehicle license fees by 0.5% of vehicle market value. Allocates new revenues 80% to University of California and California State University, 20% to California Community Colleges. Maintains state funding for higher education at or above 2009-2010 levels and student financial aid at or above 2010-2011 levels. Caps student tuition and systemwide fees at 2009-2010 levels. Creates joint commission to recommend cost efficiencies in higher education. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Additional state tax revenues from increases in various taxes of about $2.2 billion annually that would be dedicated to public universities and colleges. Depending on whether the new state tax revenues are sufficient to replace lost tuition and fee revenues (due to lower student tuition and fee levels), unknown effect on total funding for public universities and colleges. Depending on whether the new state tax revenues are sufficient to satisfy increased state spending requirements on public universities and colleges, unknown effects on other parts of the state budget and the state General Fund. (12-0015.)

The Secretary of State’s tracking number for this measure is 1587 and the Attorney General’s tracking number is 12-0015.

The proponent for this measure, Jesse Lucas, must collect signatures of 807,615 registered voters – the number equal to eight percent of the total votes cast for governor in the 2010 gubernatorial election – in order to qualify it for the ballot. The proponent has 150 days to circulate petitions for this measure, meaning the signatures must be collected by April 15, 2013.

No public contact information was provided by the proponent.

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