Prop. 12 Veteran's Bond Act of 2008
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Prop. 12 Veteran's Bond Act of 2008
Shall a nine hundred million dollar ($900,000,000) bond be issued to provide farm and home aid for California veterans?
Fiscal Impact from the Legislative Analyst:
Costs of about $1.8 billion to pay off both the principal ($900 million) and interest ($856 million) on the bonds; costs paid by participating veterans. Average payment for principal and interest of about $59 million per year for 30 years.
Fiscal Impact from the Legislative Analyst:
Costs of about $1.8 billion to pay off both the principal ($900 million) and interest ($856 million) on the bonds; costs paid by participating veterans. Average payment for principal and interest of about $59 million per year for 30 years.
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