Tuesday, August 23, 2011

Governor to Propose Reductions in $11 Billion Water Bond

Governor Jerry Brown will take steps to reduce the size of the $11 billion water bond proposed as part of the 2009 state water legislation package but pulled from last year's statewide election, the Sacramento Bee reported.

The governor expressed concern that the bond will not pass in its current form, explaining: "We have to figure out a way to make [the bond] more politically acceptable," according to the Bee. 

A two-thirds vote of both houses of the Legislature is required to amend the water bond, which is scheduled to be on the November 2012 ballot.  Proposals to reduce costs have been suggested, but not brought to a vote.

If you have any questions about the water bond measure, please contact Rebecca Akroyd from our office, or the KMTG attorney with whom you normally consult.

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