2018 California Proposition 68
California Proposition 68 (also the Natural Resources Bond or the California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access for All Act of 2018) was a legislatively referred constitutional amendment that appeared on ballots in California in the June primary election in 2018. It was a $4.1bn bond measure to fund parks, environmental projects, water infrastructure projects and flood protection measures throughout California. Proposal. The Proposition would allow the State of California to borrow $4.1bn using a municipal bond scheme in order to fund parks, water and flood protection infrastructure and various environmental  projects. The Proposition set allocation of these funds between different strategies: The cost to the public was estimated to be $7.8bn after paying off interest, or an average annual repayment of $200m for forty years. Campaign. Support. Proposition 68 was authored by State Senator Kevin de León. The 'Yes' campaign focused mainly on the improvements the Proposition would bring to parks, saying that it would remedy years of "under-investment" in environmental infrastructure in poorer communities. 'Yes' supporters spent more than $9m throughout the campaign. Opposition. Opposition to Proposition 68 mainly argued that instead of  issuing debt, the state should fund parks and environmental projects through California's general fund. It was also noted that although the 'Yes' campaign was promoting the Proposition on its benefits to parks, less than one third of the money would actually go towards parks and recreation. Results. Yes/No Statement. A "yes" vote on Proposition 68 proposes: The state could sell $4.1 billion in general obligation bonds to fund various natural resources-related programs such as for habitat conservation, parks, and water-related projects. A "no" vote on Proposition 68 proposes: The state could not sell $4.1  billion in general obligation bonds to fund various natural resources-related programs. Results. Proposition 68 gained 3,808,000 yes votes and 2,831,899 no votes (a total of 6,639,899 votes), so passing with 57.35% approval