Too bad this discussion among us has been way beyond 99% of the electorate.
No reduction may be made in appropriations for debt service, appropriations necessary to comply with federal laws and regulations, or appropriations where the result of a reduction would be in violation of contracts to which the State is a party.
...is buried in Section 4 of the Proposed Law (Prop 76) and adds the above language to Number (5), under Part (g), in Subsection (C), under Number (5), of Part (f), of Section (10) of Article IV, contained in Section 10 of the California Constitution.
What I do expect is that California's press should have informed California's electorate of the implications of the added language.