California Proposition 40, Campaign Finance Initiative (1984)
| California Proposition 40 | |
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| Election date |
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| Topic Campaign finance |
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| Status |
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| Type Initiated state statute |
Origin |
California Proposition 40 was on the ballot as an initiated state statute in California on November 6, 1984. It was defeated.
A “yes” vote supported limiting contributions to political campaigns and establishing a fund to give eligible candidates matching amounts to the personal contributions of their opponents. |
A “no” vote opposed limiting contributions to political campaigns and establishing a fund to give eligible candidates matching amounts to the personal contributions of their opponents. |
Election results
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California Proposition 40 |
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| Result | Votes | Percentage | ||
| Yes | 3,109,746 | 35.54% | ||
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5,640,473 | 64.46% | ||
Text of measure
Ballot title
The ballot title for Proposition 40 was as follows:
| “ | Campaign Contribution Limitations. Elective State Offices. | ” |
Ballot summary
The ballot summary for this measure was:
| “ | 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. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
In California, the number of signatures required for an initiated state statute is equal to 5 percent. For initiated statutes filed in 1984, at least 393,835 valid signatures were required.
See also
External links
Footnotes
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State of California Sacramento (capital) |
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