1.7.6 Proposition 39 (2000), School Facilities Local Vote Act of 2000
PURPOSE OF INITIATIVE – Proposition 39 addressed the perceived problem of limits on the issuance of general obligation bonds for school facilities resulting from the two-thirds voter approval requirement.
PRINCIPAL PROVISIONS – The proposition amended Article XIIIA, Section 1 and Article XVI, Section 18 of the California Constitution to reduce the voter approval requirement for school district and community college district general obligation bonds to 55%, subject to accountability requirements.
PRINCIPAL IMPACT – Proposition 39 increased the ability of school districts and community college districts to finance school facilities through the issuance of general obligation bonds.