Proposition Summary

CAMPAIGN CONTRIBUTION LIMITATIONS. ELECTIVE STATE OFFICES. INITIATIVE STATUTE. Limits contributors and contributions to elective state office candidates. Limits contributions to individuals, political action committees, parties. Individuals' yearly contributions limited to $1,000 per candidate, $250 per party or political action committee, with $10,000 maximum to all candidates, political action committees and parties. Parties and political action committees' yearly contributions limited to $1,000 per candidate. Allows candidate expenditures only from designated account for legitimate campaign expenditures. Regulates independent expenditures, loans, and surplus contributions. Candidates may expend personal funds without limit. Provides limited public funding for candidates to match opposition candidates' personal expenditures. Summary of Legislative Analyst's estimate of net state and local government fiscal impact: It is estimated that this measure would reduce State General Fund revenues by approximately $100,000 each fiscal year, and increase State General Fund expenditures by approximately up to $1,650,000 each fiscal year.

Proposition Number

40

Year

1984

Document Type

Proposition

Pass/Fail

Fail

Popular Vote Results

Y: 3109746; A: 35.5; N: 5640473; B: 64.5

Election Type

General Election

Proposition Type

Initiative statutory

For Author

Ross Johnson, California State Legislator Chairman, Committee for Fair Campaign Finance

Against Author

Richard P. Simpson, Executive Vice President California Taxpayers' Association; Dean A. Watkins, Past Chairman, California Chamber of Commerce; Henry J. Voss, President, California Farm Bureau Federation

Rebuttal Author

Henry J. Voss, President, California Farm Bureau Federation; Dean A. Watkins, Past Chairman, California Chamber of Commerce

Rebuttal Against Author

Ross Johnson, California State Legislator Chairman, Committee for Fair Campaign Finance

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