- Authorizes State Air Resources Board and delegated air pollution control districts to award $218 million in state tax credits annually until January 2011, to encourage air-emissions reduction through acquisition, conversion, and retrofitting of:
-- vehicles, buses, and heavy-duty trucks;
-- hearth products;
-- construction vehicles and equipment;
-- lawn and garden equipment;
-- ambient air pollution destruction technology;
-- off-road, nonrecreational vehicles;
-- port equipment;
-- agricultural waste and rice straw conversion facilities;
and through research and development.
- Requires study of air quality market-based incentive program for prescribed burning projects.
- Establishes local transportation funds as trust funds.
- Annual net state revenue loss due to new tax credits, averaging in the range of tens of millions to over a hundred million dollars, from 1999 to beyond 2010. Increase in local sales tax revenues, potentially in the millions of dollars annually through 2010-11.
- State costs of up to $4.7 million annually through 2010-11 to administer new tax credit program.
- Potential long-term savings to state and local governments, of an unknown amount, in health care expenditures.
- A YES vote of this measure means:
- The state Air
Resources Board would
administer a new tax credit
program. Tax credits would be
awarded through 2010 for
various categories of projects
that reduce emissions of
pollutants into the air.
- A NO vote of this measure means:
- The state Air
Resources Board would not
be directed to establish a
new tax credit program
designed to reduce emissions
of pollutants into the air.
- Summary of Arguments FOR Proposition 7:
- American Lung Association, California
Nurses Association, and Sacramento
Chamber of Commerce support
Proposition 7, the Air Quality
Improvement Act . Uses Private sector tax
incentives to reduce toxic emissions from
buses and trucks. Cleaner air benefits
the health of children and the elderly.
Creates no new bureaucracy. Cuts no
existing programs.
Full Text of Argument In Favor,
Rebuttal
- Summary of Arguments AGAINST Proposition 7:
- Proposition 7 is corporate welfare,
pure and simple. It gives tax
breaks to the corporations that
paid to put it on the ballot. It
guarantees billions in taxpayers'
money to polluters, with no
accountability or regulation in
return. It takes money from
universities, the environment and
law enforcement. Vote No.
Full Text of Argument Against,
Rebuttal
- Contact FOR Proposition 7:
- Gerald H. Meral
Executive Director
Planning and Conservation League
926 J Street, Suite 612
Sacramento, CA 95814
(916) 444-8726 ext. 126
http://www.pcl.org
- Contact AGAINST Proposition 7:
- Taxpayers Against
Corporate Welfare
926 J Street, Suite 710
Sacramento, CA 95814
(916) 446-4300
http://www.noon7.org
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