The group behind the failed gas-tax repeal effort was given state approval Thursday to begin collecting signatures for a new initiative to cancel the high-speed rail project and revamp state transportation funding.
The initiative was proposed by former San Diego City Council member and radio host Carl DeMaio before the November election as an answer to opponents of Proposition 6, which would have repealed an increase in the state gas tax but was rejected by voters.
The new initiative would shift about $10 billion in state revenues from state and local non-transportation programs to local transportation funds, resulting in potential deep cuts to general fund revenue used for other state services, according to an analysis released Thursday by state Legislative Analyst Mac Taylor.
The initiative would also end funding for the bullet train project, cutting off tens of billions of dollars needed to complete the high-speed rail system, Taylor said.
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