Secretary of State No.
FINANCIAL DISCLOSURES AND LIMITATIONS AFFECTING POLITICAL CAMPAIGNS, PUBLIC OFFICIALS AND LOBBYISTS -- OTHER MATTERS. INITIATIVE. Requires reports of receipts and expenditures in campaigns for state and local offices and ballot measures. Limits expenditures for statewide candidates and measures. Prohibits public officials from participating in governmental decisions affecting their "financial interests." Requires disclosure of certain assets and income by certain public officials. Requires "lobbyists" to register and file reports showing receipts and expenditures in lobbying activities. Creates Fair Political Practices Commission. Revises ballot pamphlet requirements. Provides criminal and civil sanctions for violations. Enacts and repeals statutes on other miscellaneous and above matters. If the proposed initiative is adopted, undefined additional financing from state sources will be required in the amounts of $930,000 for fiscal year 1974-75, $1,630,000 in each subsequent fiscal year in which a general election is held and $1,100,000 in each fiscal year in which no general election is held.
Michael H. Walsh, 1440 Crest Road, Del Mar 92104; Mr. Richard Spohn, 32 Dudley Avenue, Venice, Ca; Mr. Roger Jon Diamond, 646 Via De La Paz, Pacific Palisades 90272; Ms. Joyce Koupal, 3456 West Olympic Blvd., Los Angeles 90019
Political Reform Act Of 1974 California Initiative 77 (1973).