Ballot Propositions
Bonds. Alternative Fuel Vehicles and Renewable Energy. Statute.
November 4, 2008
Proposition
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This measure allows the state to sell $5 billion in GO bonds for various renewable energy, alternative fuel, energy efficiency, and air emissions reduction purposes. It also designates various state agencies to administer different components of the measure.
Finally, the measure specifies that not more than 1 percent of the funds in each account established by the measure may be used to pay for program administration.
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