Attorney General No.

11-0030

Secretary of State No.

1507

Description

Prohibits candidates for office, government officials, judges, arbitrators, and government advisors from voting on, deciding, or influencing any matter of government business that would disproportionately benefit themselves or any individual or entity that has given them an excessive contribution. Defines excessive contribution as any amount exceeding a 40-hour week's pay at federal minimum wage. Creates new state agencies to monitor compliance and impose penalties, including vote nullification, forfeiture of contributions, salary, and retirement and other benefits, and ineligibility for public office, and to distribute seized assets among registered voters. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Increased state or local government costs to administer two new oversight agencies, potentially totaling $700 million annually. Potential additional fiscal effects depending on how the provisions of the measure are interpreted by the courts and implemented.

Proponents

Larry Click

Date

10-10-2011

Document Type

Initiative

Qualified

Failed to Qualify

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