This measure authorizes the state to sell $980 million in general obligation bonds for capital improvement projects at children’s hospitals. The measure specifically identifies the five University of California children’s hospitals as eligible bond fund recipients. There are additional children’s hospitals that are likely to meet other eligibility criteria specified in the measure, which are based on hospitals’ performance in the 2001‑02 fiscal year. These criteria include providing at least 160 licensed beds for infants and children.