Jan. 28, 2016 / Press Release /Stop Blank Checks
SACRAMENTO, CA – Today, the Public Policy Institute of California (PPIC) released a statewide survey, “Californians & Their Government,” that asked for Californians’ opinions on several ballot initiatives that may appear on the November 2016 ballot. The survey found that 70% of Californians believe that “requiring statewide voter approval for revenue bonds” is either very important or somewhat important, confirming that a majority of Californians support the Stop Blank Checks initiative.
Voters will have the opportunity to weigh in on the initiative this fall. The Stop Blank Checks initiative qualified for the November 2016 ballot last fall by submitting nearly one million signatures to the California Secretary of State’s office from voters who support the initiative.
The Stop Blank Checks initiative (15-0003) would require statewide voter approval for state revenue bond projects costing more than $2 billion, closing a loophole that allows politicians to issue massive new debt for multi-billion dollar projects without voter approval. For more information on the initiative, visit www.StopBlankChecks.com.