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Tenth Initiative Qualifies For Calif. Ballot

California voters will have at least ten ballot initiatives to consider next November. The latest to qualify is a bond measure for alternative fuel vehicles and renewable energy. KPBS Reporter Ed Joyc

Tenth Initiative Qualifies For Calif. Ballot

California voters will have at least ten ballot initiatives to consider next November. The latest to qualify is a bond measure for alternative fuel vehicles and renewable energy. KPBS Reporter Ed Joyce has more.

The initiative is called the California Renewable Energy and Clean Alternative Fuel Act.  

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It would authorize $5 billion in bonds paid from the state's General Fund to provide cash incentives to buyers of high fuel economy and alternative fuel vehicles including hybrids and natural gas powered vehicles.

Those cash payments or rebates would range from $2,000 to $50,000.

The measure allocates about 20 percent of the money as incentives to spur the research, development and production of renewable energy technology.  

There's also money for eight cities including San Diego.

The cities would receive a grant of $25 million.

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The money would be used to promote and demonstrate the actual use of alternative and renewable energy technologies.

The last day to qualify a measure for the November General Election ballot is June 26.  

Ed Joyce, KPBS News.