FORMAL TITLE
Proposition 1C: Lottery Modernization Act
FINAL RESULT – 64.6% NO
For full results, visit the LA Times' Elections Results page.
WHAT DOES IT DO?
- Prop 1C will modify the existing (lengthy) laws regarding the California State Lottery.
- It will help ease the state's financial crunch by borrowing $5 billion against future lottery proceeds, and has a provision allowing for more borrowing in the future.
- It also will authorize the state to use lottery earnings to fund schools.
WHAT DOES THE LA TIMES THINK?
The Los Angeles Times' editorial board supports a Yes vote on Proposition 1C.
An LA Times article from Feb. 20 ("With budget stalemate over, next move is up to California voters") said:
"Another proposal that would be voted on in May threatens to plunge the state deep back into the red.
It calls for borrowing some $5 billion against future lottery revenues. Assembly Speaker Karen Bass (D-Los Angeles) has expressed concern that may not go over well with voters, who are reluctant to tamper with lottery proceeds now earmarked for education, even if the proposal ensures schools still get their money."
WHERE CAN I FIND MORE INFORMATION?
Follow these links to find more information about Proposition 1C and other measures on the May 19 ballot.
California Secretary of State's release regarding May 19 ballot measures
Bay Area News Group's endorsements of the May 19 ballot measures
The full text of Proposition 1C can be found here.
WHERE CAN I FIND MORE NEWS ABOUT PROPOSITION 1C?
Los Angeles Times - "Proposition 1C is not too risky a bet on the Califoria lottery - Yes on 1C" (April 27)
Los Angeles Times - "California budget fixes on May 19 ballot are mostly shams and frauds" (April 27)
Lake Arrowhead Mountain News - "Voters to decide lottery's future" (April 29)
San Francisco Chronicle: "Prop. 1C: Borrowing against lottery proceeds" (April 13)
MyMotherLode.com: "Columbia College would gain from Proposition 1C" (April 11)
Bizjournals.com: "Sacramento applies for $112 million in Prop. 1C funding" (April 2)
Compiled by Jessica Roy / LA Times
Photo: Proposition 1C would change California's existing lottery laws, including borrowing against future lottery earnings and using lottery income to fund schools. Credit: Alessandra Tarantino / AP
