Attorney General No.
SA89RF0021
Secretary of State No.
488
Description
CANDIDATES. CAMPAIGN FINANCES. GIFTS. INITIATIVE STATUTE. Amends Political Reform Act to: require elected officials resign present office before filing nomination documents for different elected office; require campaign contributions be spent solely for actual expenses incurred during campaign; require transfer of surplus campaign funds to State Controller at conclusion of candidacy; prohibit making or receiving campaign contributions exceeding $25 from single source in any fiscal year except by candidate to own campaign; prohibit candidates from incurring new campaign debt in excess of available funds; prohibit elected officeholders from accepting gifts, honoraria, or nongovernmental reimbursement for travel or subsistence; modify enforcement provisions. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Would result in unknown net fiscal impact on state and local governments.
Proponents
Gareth W. Neumann, 1660 Sheridan Road, Glendale, Ca 91206
Date
12-15-1989
Document Type
Initiative
Qualified
Failed to Qualify
Recommended Citation
Candidates. Campaign Finances. Gifts. California Initiative 488 (1989).
https://repository.uclawsf.edu/ca_ballot_inits/648