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To: All
PERS=California Public Employees Retirement System

STRS=State Teachers Retirement System

TCRP=Transportation Congestion Relief Program

Also, there was a thread a while back about Davis "borrowing" from the Dentists retirement plan.

3 posted on 08/18/2002 5:09:53 AM PDT by snopercod
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To: Grampa Dave; SierraWasp
From the CALTRANS site:

Chapter 783, Statues of 1999 (AB 1012, Torlakson)

THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

SECTION 1. (a) The Legislature finds and declares all of the following: (1) The voters at the November 3, 1998, general election passed Proposition 2 to stop future diversion of transportation funds for nontransportation purposes by a 75 percent majority vote, thus indicating overwhelming support for using these funds on needed transportation improvements.

Do Davis's "emergency powers" allow him to disregard a voter iniative like Prop. 2?

4 posted on 08/18/2002 5:25:11 AM PDT by snopercod
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