SAN FRANCISCO (KGO) — In the November election, California voters will decide on 11 propositions. Here’s everything you need to know about Prop 2.>>> California and Bay Area election results here>>> National election results here PROP 2:Authorizes bonds to fund existing housing program for individuals with mental illness. Legislative statute.SUMMARY:A “Yes” vote allows the State to spend Proposition 63 (known as the Mental Health Services Act) tax revenue on $2 Billion in bonds for housing people in need of mental health services.BACKGROUND ON MILLIONAIRE’S TAX: In 2004, California voters passed Proposition 63. It levied an additional 1% tax on incomes above $1 Million to finance mental health programs.HOW DID IT GET ON MY BALLOT:Usually revenue bonds do *not* require the approval of voters to take effect. However, because Proposition 2 asks to spend revenue from an existing ballot measure, Proposition 63, it must go before voters.Proposition 2 received 35 votes (20 needed) in the State Assembly and 72 (41 needed) in the State Senate before Governor Brown signed a bill to make it a ballot measure.MAJOR BACKERS:Chan Zuckerberg Advocacy, Members’ Voice of the State Building and Construction Trades Council of California, Housing Trust Silicon Valley, Mid-Peninsula Housing Corporation.* MAJOR OPPONENTS:National… Read full this story
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