California Lawmakers Considering Asking Voters to Approve $60.5 Billion in Bond Proposals

Two measures address climate change and two would fund school upgrades, but getting them on the November ballot won’t be easy.

Pierce College in Los Angeles on Nov. 16, 2021. John Fredricks/The Epoch Times

Facing the June 27 deadline to have ballot measures qualify for the November ballot, lawmakers are considering bond proposals—two related to climate resilience and two funding school facilities—totaling nearly $60.5 billion.

At current interest rates, if the measures are approved by voters, lawmakers, and the governor, they could cost nearly $120 billion to repay over 30 years.