California Voters to Decide on $20 Billion Bonds for Climate and Education
Two bond measures addressing climate resilience and school modernization will appear on the November ballot, pending legislative approval.
- The climate bond allocates $10 billion for wildfire resilience, clean drinking water, and other environmental initiatives.
- A separate $10 billion bond will fund the construction and repair of K-12 schools and community colleges.
- Lawmakers reached a consensus on the bond measures following extensive negotiations.
- The bonds require a two-thirds legislative vote to be placed on the ballot and a simple majority from voters to pass.
- Previous bond measures for schools and climate initiatives have faced mixed results from voters.