The measure includes these specific proposals:
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$900 million allocated for competitive grants and loan funding for clean up or prevention projects associated with contaminated groundwater which is used for public drinking water.
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$810 million for spending and competitive loans and grants to regional water management projects.
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$725 million for water recycling and treatment technology projects.
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$520 million drinking water improvement projects including reducing and preventing contamination of community drinking water, and the State Water Pollution Control Revolving Fund Small Community Grant Fund.
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$395 million flood prevention and management projects.
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$2.7 billion to pay up to 50% of the costs for water storage projects including ground water replenishment, water storage, and new dams and reservoirs.
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$1.495 billion for grants for ecosystem and watershed protection and restoration projects.
Local spending could be reduced under the measure's increased availability of state bonds and how they affect local government spending on water projects. In cases where state bond funds are available, local governments could reduce operating costs with the creation of new projects. On the other hand, new projects could also be more expensive to operate and actually raise local spending.
Proposition 1 was previously placed on the ballot as Proposition 43. That measure allowed the state to issue $11.4 billion in general obligation bonds. Governor Jerry Brown asked the legislature to replace the measure for the reduced bonds allowed under Proposition 1.