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ProPros and cons of proposition 1C- Lottery Modernization?
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ProPros and cons of proposition 1C- Lottery Modernization?

What are the postive and negative effects that Proposition 1C (Lottery Modernization Act-State of California) would bring if it were passed?


    




INSOMNIAC
WHAT A Yes Or No Vote Means

A YES vote means the state could sell $2.9 billion in general obligation bonds to support a variety of housing and urban development programs.

A NO vote means the state could not sell $2.9 billion in general obligation bonds for these purposes.


SUPPORTERS SAY


It helps working families afford homes and provides accessibility improvements to apartments for disabled Californians.
It provides shelters for our most vulnerable: the elderly, disabled, homeless families, foster youth, battered women and children.

OPPONENTS SAY


In a state of 37 million people with more than 12.1 million housing units, what $2.85 billion can buy will be a drop in the bucket.
For every dollar borrowed, we and our children will repay that dollar plus a dollar in interest. ~





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