2008 California Proposition 3

The Legislative Analyst estimated that the proposed law would cost about $2 billion over thirty years to pay off both the principal ($980 million) and the interest ($933 million) costs of the bonds. Payments of about $64 million per year would be required.

The official committee supporting the initiative was called the California Children's Hospital Association Initiative Fund. The campaign to enact the measure was largely supported by hospitals—all donors to the campaign of over $5,000 were such institutions.[3] It was argued that passing the initiative would help provide the hospitals with enough money for greater bed capacity and to purchase important equipment as well as the most modern technologies.[4] The Los Angeles Times editorialized in favor.[5] Arno Political Consultants was paid about $1,028,000 to conduct the petition drive that qualified the measure for the ballot.[6]

The National Tax Limitation Committee, chaired by Lew Uhler, was the official committee opposed to the measure. The Appeal-Democrat[7] and the Pasadena Star News[8] editorialized against the measure. Against the measure it was argued that

• Proposition 3 would be a misuse of the public ballot system by special interests
• The measure would allow money to go to hospitals that were not children's hospitals.
• The same special interest groups as supported Proposition 3 had supported the passage of the similar Proposition 61, and half of that money remained unspent.

A Field Poll taken in mid-September found that only 18% of 830 likely voters surveyed across the state had heard of Proposition 3 prior to being told of it by the survey interviewer.[9]