2018 Propositions

Special Note: Bold / Underline text inside description of proposition supports reason for Yes or No endorsement.

Proposition 68

Libertarian Party of California Endorses a NO vote

Proposition 68 would authorize $4 billion in general obligation bonds for state and local parks, environmental protection and restoration projects, water infrastructure projects, and flood protection projects. Assuming a 3.5 percent interest rate over a 30-year period, the bond issue would generate $2.53 billion in interest, meaning the state would spend $6.53 billion to pay off the bond issue.

Proposition 69

Libertarian Party of California Endorses a NO vote

Proposition 69 would require that revenue from the diesel sales tax and Transportation Improvement Fee (TIF) be dedicated for transportation-related purposes. As of 2018, the state constitution prohibited the legislature from using gasoline excise tax revenue or diesel excise tax revenue for general non-transportation purposes. The amendment would require the diesel sales tax revenue to be deposited into the Public Transportation Account, which was designed to distribute funds for mass transportation and rail systems. Proposition 69 would require the TIF revenue be spent on public streets and highways and public transportation systems. Although SB 1 requires revenue from the zero-emission vehicles fee to be placed in the Road Maintenance and Rehabilitation Account, Proposition 69 does not contain a provision creating a constitutional mandate for zero-emission vehicles fee revenue.

Proposition 70

Libertarian Party of California Endorses a NO vote

Proposition 70 would require a one-time two-thirds vote in each chamber of the California State Legislature to use revenue from the State Air Resources Board's auctioning or sale of greenhouse gas emissions allowances under the state's cap-and-trade program. To make sure no revenue is spent without the two-thirds vote, the measure would place all revenue from the cap-and-trade program in a Greenhouse Gas Reduction Reserve Fund beginning on January 1, 2024. The vote would take place anytime on or after January 1, 2024. Revenue would collect in this reserve fund until the one-time two-thirds vote occurred. If legislators failed to secure a two-thirds vote, revenue would keep collecting in the reserve fund and the state would be unable to spend the revenue. Between January 1, 2024, and the passage of the spending bill, the measure would also suspend a sales tax exemption for manufacturers, increasing tax revenue about $260 million per year.

Proposition 71

Libertarian Party of California Endorses a NO vote

Heading into 2018, voter-approved ballot propositions went into effect on the day following the election date, unless the ballot proposition's language specified a different date. Proposition 71 would move the effective date of ballot propositions to the fifth day after the secretary of state certifies election results, rather than the day after the election. As of 2018, the secretary of state was required to certify election results no later than the 38th day after the election.

Proposition 72

Libertarian Party of California Endorses a YES vote

Proposition 72 would allow the California State Legislature to exclude rainwater capture systems added to properties after January 1, 2019, from counting as new construction. When a property owner adds new construction to his or her property, the new construction is assessed for taxable value. Adding a rainwater capture system to one's property counts as a new construction. As the ballot measure would exclude rainwater capture systems from the definition of new construction, the taxable value of a property would not increase because the property owner added a rainwater capture system.