8/27/08-Gov. Arnold Schwarzenegger signed a bill into law Aug. 26 that revises a transit initiative to be included on the November ballot. The bond initiative is Proposition 1.
The new law, previously AB3034, modifies a question on the statewide ballot asking voters whether to approve $9.95 billion in government bonds to help foot the cost for the high speed rail service.
The bonding would be used to help pay for a $42 billion transit system that will enable a 200 mph “bullet train” that could go from San Francisco to Los Angeles in about two and one half hours.

8/21/08-A bill on its way to Gov. Arnold Schwarzenegger’s desk would ask voters throughout the state whether to approve a nearly $10 billion bond proposal intended to help reduce congestion. The bonding would be used to help pay for a $42 billion transit system that will enable a 200 mph “bullet train” that could go from San Francisco to Los Angeles in about two and one half hours.
The bond initiative would be known to voters as Proposition 1.
Sponsored by Assemblywoman Cathleen Galgiani, D-Livingston, AB3034 would ask voters whether to approve $9.95 billion in government bonds to help foot the cost for the high speed rail service.
For bill status, call (916) 319-2856.