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Health & Fitness

What's, Actually, in Our Measures and Propositions: Proposition 39

Residents from Alameda County have reviewed the entire = Proposition = and have put together this article. Watch for other reviews during the next couple of weeks.

Proposition 39

Nov 6, 2012 Election

This initiative measure amends, repeals, and adds sections to the Public Resources Code and the Revenue and Taxation Code

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Impartial Analysis from the Legislative Analyst's Office:

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Eliminates Ability of Multistate Businesses to Choose How Taxable Income Is Determined

 

Chapter 2

26205

State Treasury Fund created

 

 

Chapter 2

26205

$550,000,000 transferred from General Fund

 

Chapter 2

Section 26205/b

Funding limited to certain groups

 

Chapter 2

Section 26205/3c

creation of revolving loans or HIGH RISK loans

 

Chapter

Section 26206

oversight shall be managed by government appointed agencies

 

 

Chapter 2

Section 26206/h

coordinated the California Public Utilities Commission

 

Chapter 2

Section 26210/a

Another government created appointed group

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