CALIFORNIA | LOCAL
October 19, 2008
Proposition 1A: High-speed rail What it would do: Authorize the state to sell $9.95 billion in bonds to help fund a $45-billion bullet train between Orange County and the San Francisco Bay Area. Repayment would cost the state $647 million annually for 30 years. Chief proponents: California High-Speed Rail Authority; chambers of commerce in Los Angeles, San Francisco and more than a dozen other cities; Consumer Federation of California; Sierra Club California; American Lung Assn.