Cal lawmakers seek to fix $11 billion water bond

California lawmakers will consider altering an $11.1 billion water bond on the November ballot in an effort to deflect criticism that private corporations stand to benefit.

At issue is a provision in the bond that opponents say could allow private companies to partially own, operate and profit from water projects built with public money.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/06/18/state/n180439D30.DTL&type=business#ixzz0rVNL6vXW

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