Click here for an official California State website that contains a summary of the proposition, an analysis of the possible economic effects, arguments for and against the proposition and the actual text of the proposition (it's very short). I found the website very helpful and encourage you to take a look.
Click here for the official website of the coalition that placed the proposition on the ballot in California and supports its passage. Click here for a list of organizations that make up the coalition.
For those of you who may be interested, click here for an official letter from the First Presidency of The Church of Jesus Christ of Latter-day Saints outlining the church's official position on the proposition.
I personally feel that it is beneficial to consider why the LDS church has chosen to be officially involved on this issue and not others of a political nature. Perhaps it can provide useful insight into how we can be guided by our religious beliefs as we make voting decisions. However, I feel strongly that our conclusions based on such considerations are personal and should not be discussed on a public blog such as this. As such, any comments of this nature will be deleted.
I hope this helps.
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