6,709,560 / 67.2% Yes votes ...... 3,278,248 / 32.8% No votes

See Also: Index of all Propositions

• This act provides for a bond issue of five hundred million dollars ($500,000,000) to provide farm and home aid for California veterans.
• Appropriates money from state General Fund to pay off bonds, if costs not offset by payments from participating veterans.

Meaning of Voting Yes/No

A YES vote of this measure means:

The state would be able to issue $500 million in general obligation bonds to provide loans for the veterans’ farm and home purchase (Cal-Vet) program.

A NO vote of this measure means:

The state would not be able to issue these bonds for this purpose.

• Official WWW Site
• Full Text
• Impartial Analysis from the Legislative Analyst

Summary of Arguments FOR Proposition 32:

The time-honored Cal-Vet Loan Program helps wartime veterans to purchase homes and farms in California at no expense to taxpayers. Voter-approved bonds finance the Program and are repaid, along with all program costs, by veteran loan holders. This measure would replenish such bonds. We urge your support.

Full Text of Argument In Favor, Rebuttal

Summary of Arguments AGAINST Proposition 32:

Proposition 32 is a half billion dollar bond measure that would cost taxpayers a fortune. The money would be used to buy homes for “veterans” defined to even include persons like Presidential candidate George W. Bush who joined his state’s Air National Guard instead of going to fight in Vietnam!

Full Text of Argument Against, Rebuttal

Contact FOR Proposition 32:

Glenn Gilbert
Assembly Committee on Veterans Affairs
California State Assembly
1020 N Street, Room 357
Sacramento, CA 95814
(916) 319-2486
glenn.gilbert@asm.ca.gov

Contact AGAINST Proposition 32:

Melvin L. Emerich
Attorney at Law
95 South Market St., #300
San Jose, CA 95113
(408) 995-3224
http://www.melemerich.com

Secretary of State

• Contributions to campaigns this measure
• Live Election Returns - available after the polls close

League of Women Voters

• Easy Reading Voter Guide - LWVC is a partner
• Pros & Cons (English)
• Pros & Cons (Spanish)
• In Depth - for those who want more
• RealAudio/Video on all Propositions - via the California Channel
• On Evaluating Ballot Measures - also in Spanish

• Top Ten Contributors - who gave the most to each side of this measure?

Sacramento Bee

• Prop. 32 seeks renewal of Cal-Vet program. 10/28/00

• Measure would OK home loans for state veterans 10/31/00

• Proposition 32 will help Vietnam Vets get home mortgages 10/23/00

• Two Measures that May Cost Money 10/18/00