STUDIO CITY (CBSLA.com) — Proposition 34 calls for the end of the death penalty, meaning the harshest sentence in the state would be a life sentence without the possibility of parole.

If passed, anyone currently on death row would have his or her sentence commuted to life without the possibility of parole.

The proposition itself estimates around $100 million a year will be saved by taking inmates off of death row. That would grow to around $130 million a year after the “first few years.”

A total of $100 million will be allocated to law enforcement agencies for investigations of homicide and rape cases. It will be placed in the newly created “SAFE California Fund.”

The proposition states that while in prison for murder charges, inmates must work under the guidelines established by the Department of Corrections and Rehabilitation. Their wages may be “subject to deductions” if they must pay victim restitution fines.

YES on 34 – Replace the Death Penalty With Justice That Works

NO on 34 – Preserve California’s Death Penalty Law

Read the proposition for yourself. Polls indicate that no leads yes 45% to 42% with a margin of error of +/- 4.3% as of Sep. 25, 2012.