The following is a breakdown of the ballot propositions to be decided on by California voters in the May 19 special election. The "pro" and "con" statements for the measures are taken from the California Secretary of State voting guide.
1A: Extends several tax increases approved in February an extra two years through the 2012-13 fiscal year, including the sales and use tax, vehicle license fee and personal income tax. It also increases the size of the state "rainy day" fund from 5 percent to 12.5 percent of the state's general fund. A portion of the annual deposits into the general fund would be dedicated to savings for future economic downturns, and the remainder would be available to fund education, infrastructure and debt repayment, or for use in a declared emergency.
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