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Business-related measures.


The Nov. 7 election includes a variety of local and statewide ballot measures that, if passed, would directly affect the business community. Here's a brief look at the most significant; for a more detailed examination before Election Day, log on to smartvoter.org:

STATEWIDE

Propositions 1A-1E: Borrowing measures to fund improvements to the state's public works public works
pl.n.
Construction projects, such as highways or dams, financed by public funds and constructed by a government for the benefit or use of the general public.

Noun 1.
 infrastructure by limiting the spending of gasoline taxes Noun 1. gasoline tax - a tax on every gallon of gasoline sold
excise, excise tax - a tax that is measured by the amount of business done (not on property or income from real estate)
 only to transportation projects (1A), borrowing $19.9 billion to pay for transportation projects (1B), borrowing $2.8 billion to build affordable housing (10), borrowing $10.3 billion to build schools (1D) and borrowing $4.1 billion to build levees and other flood Control devices (1E).

Proposition 84: Sell $5.4 billion in bonds to pay for water supply, flood control, levee levee (lĕv`ē) [Fr.,=raised], embankment built along a river to prevent flooding by high water. Levees are the oldest and the most extensively used method of flood control.  and park projects and the protection of wildlife, habitats and coastlines.

Proposition 66: Increase the current $0.87 tax on packs of cigarettes to $2.60 to raise an estimated $2.1 billion to fund hospitals, anti-smoking programs and research.

Proposition 87: Create a $4 billion "clean alternative energy program" by taxing crude oil harvested from California lands. The funds would pay for research and development of alternative fuels.

Proposition 90: Revise what private properties governments are allowed to seize and require governments to pay property owners for substantial economic losses resulting from new rules and laws.

LOCAL

LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  

Measure H: Authorize To empower another with the legal right to perform an action.

The Constitution authorizes Congress to regulate interstate commerce.


authorize v. to officially empower someone to act. (See: authority)
 $1 billion in bonds to fund affordable housing projects and increase property tax bills by $14 for each $100,000 of assessed value. Two-thirds required to pass.

Measure R: Change the city charter to increase the current two-term limit on City Council seats to three terms and restrict lobbyists from making campaign contributions or becoming commissioners. Two-thirds required to pass.

SANTA CLARITA Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country,  

Measure M: Issue $160 million in bonds by charging homeowners about $9.73 per $100,000 of a property's assessed value to pay for upgrade or add classrooms to College of the Canyons College of the Canyons is one of the fastest-growing community colleges in the state. According to the National Junior College Research Association, College of the Canyons consistently ranks in the top 50 community colleges in the nation.  in Valencia. Fifty-five percent required to pass.
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Publication:San Fernando Valley Business Journal
Date:Oct 23, 2006
Words:331
Previous Article:Cigarette tax proposition drawing business opposition: amount called steep; allocation questioned.
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