[hrlyman]

Here's some more info; I called my peeps (in high places) and this is what they have told me, (in laymens terms)

In 2006 we voted on Prop 1A as you all may remember which locked down the "stealing" of our TRANSPORTAION FUNDS by legislators to place into 'their' General Fund (for any use they decide). They were able to still borrow money for short term uses but legislated that it had to be paid back within 30 days.

This NEW Proposition being brought by petition of signatures of the legislature will allow them to again transfer certain revenues from the TRANSPORTATION FUND and extend the loan repayment time. They have already borrowed more than $670 million dollars from this fund which they are to pay back by 2016. This prop will extend that repayment time to 2017.

The proponents of Prop 1A are asking for a "NO" vote because they say all of the terms protecting the Transportation Fund are already in place in that amendment that passed in 2006 by an overwhelming majority (77%)
This is simply another prop by legislators to try and regain their control of mismanagement of funds.... basically robbing Peter to pay Paul mentality of governing.

Now that I understand what the legislators want from this... Im voting NO