California General Election Results

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Secretary of State Debra Bowen reports that a record 17.3 million voters registered to vote in California for yesterday?s election. They cast their vote for a new president, legislative representatives and whether 12 ballot initiatives should pass or fail. At the end of the night, the California Legislature has more Democrats and the voters showed that they could pick and choose positions among complex initiatives. The gains by the Democrats in the Legislature make a significant tax increase more likely to balance the budget. Additionally, as illustrated by the passage of multiple bond proposals, the voters decided that even in hard economic times they are willing to invest more money in infrastructure. We summarize the results below.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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