The petition drive, run by a professional signature-gathering firm, has collected more than 680,000 signatures, 57% more than the 433,971 valid signatures needed to put it on the ballot.
The prop, put forth by Richard Lee, is just one of four attempted initiatives to be put on the ballot. The law would allow people 21 and over to possess, cultivate and transport marijuana for personal use, but would prohibit use & possession of it on school grounds, using it in public, smoking while minors are present, and driving while impaired. The impact on the fiscal debt, "Savings of up to several tens of millions of dollars annually to state and local governments on the costs of incarcerating and supervising certain marijuana offenders," says the summary by the Legislative Analyst and Director of Finance. "There would also be an unknown but potentially major tax, fee, and benefit assessment revenues to state and local government related to the production and sale of marijuana products." A different study based on a piece of legislation currently going through the State Assembly estimates nearly $1.4 billion in revenues for state coffers.
Various polls indicate the law would generate over 50% of the vote, says the Times. A Field Polls says 60% of Los Angeles County supports the idea