|34||CAMPAIGN CONTRIBUTIONS AND SPENDING.
|Ballot Measure Summary|
CAMPAIGN CONTRIBUTIONS AND SPENDING.
LEGISLATIVE INITIATIVE AMENDMENT.
Put on the Ballot by the Legislature.
Limits campaign contributions and loans to state candidates and political parties. Provides voluntary spending limits; expands public disclosure requirements and increases penalties. Fiscal Impact: Additional net costs to the state, potentially up to several million dollars annually, and unknown but probably not significant costs to local government.
WHAT YOUR VOTE MEANS
A YES vote on this measure means: New contribution and voluntary spending limits will be established for state elective offices. Limits pre-viously adopted by the voters for state and local offices, which have not been im-plemented because of a pending lawsuit, would be repealed. The new limits are higher than those that would be repealed.
A NO vote on this measure means: Existing contribution and voluntary spending limits for state and local elective offices enacted by a voter-approved initiative would not be repealed.
Proposition 34 is real reform that puts voters – not special interests – back in charge of California's political process. Proposition 34 sets enforceable, constitutional limits on cam-paign financing where none exist today. It limits con-tributions and spending, speeds up disclosure, increases fines and closes loopholes for wealthy candidates without public financing. Incumbent politicians will be begging for money when they should be tending to the public's business. Challengers will be forced to seek campaign funds from any and all sources that want political favors from Sacramento.
Proposition 34 is a recipe for a government more beholden to special interests. Vote No.
FOR ADDITIONAL INFORMATION
Committee for Constitutional
1215 K Street, Ste. 2100
Sacramento, CA 95814
P.O. Box 596
Yucaipa, CA 92399