Attorney General No.
Secretary of State No.
DISCLOSURES TO CONSUMERS, VOTERS, INVESTORS. INITIATIVE STATUTE. Measure requires, as specified, the following disclosures: 1) Advertisers' warnings regarding disposal of toxic household products with exceptions; 2) Notices regarding coverage limits and insurance offeror's identity on insurance policies to supplement Medicare; 3) Disclosures in nursing home contracts and advertisements regarding access to State Ombudsman and facility violation information; 4) Disclosures by initiative and referendum campaign committees as to contributors; and, 5) Disclosures by corporations selling stocks in State whether or not they are doing business in South Africa or with any person or group located there. Provides fines for violations. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Measure requires various state agencies to promulgate regulations implementing measure's requirements and maintain specified records. As to requirements pertaining to household toxic products, the state Department of Health Services shall provide information on the disposal of these products through a toll-free hotline. The adoption of this measure would result in net annual state administrative costs of $500,000 or less when its provisions are implemented.
Jim Rogers Cure, 1941 Jackson Street, Oakland, California 94612 (415) 444-4464
Disclosures To Consumers, Voters, Investors. California Initiative 429 (1987).