Authorizes $980,000,000 in bonds, to be repaid from state's General Fund, to fund the construction, expansion, remodeling, renovation, furnishing and equipping of children's hospitals.

Designates that 80% of bond proceeds go to hospitals that focus on children and illnesses such as leukemia, cancer, heart defects, diabetes, sickle cell anemia and cystic fibrosis.

Requires that qualifying children's hospitals provide comprehensive services to a high volume of children eligible for government programs and meet other requirements. Designates that 20 percent of bond proceeds go to University of California general acute care hospitals.

The way it is now:

Children's hospitals in California treat over one million children facing life-threatening illnesses or injuries each year. Voters approved $750,000 million in bonds for children's hospitals in November 2004. About $400,000 million of those bonds have been sold.

People for Prop. 3 say:

Children's hospitals save hundreds of lives each day but do not have enough room to treat all the children who are sent to them.

Hospitals would be able to buy up-to-date equipment to treat babies born early or with defective organs.

Information: www.imaginewithus.org

People Against Prop. 3 say:

Hundreds of millions of dollars for children's hospitals are still left from bonds passed in 2004 that have not been spent.

Although these funds would go to hospitals that serve children, Prop 3 does not guarantee that the money would be spent on actual services for children.