Financing Campaigns For State Offices

FINANCING CAMPAIGNS FOR STATE OFFICES. INITIATIVE STATUTE. Limits amount any individual or organization may contribute directly or indirectly to a candidate for nomination for or election to a state office. Provides public money for qualified campaign expenditures of candidates within specified limits and methods of calculating entitlements of candidates. Limits campaign expenditures of candidates accepting public money. Sets requirements to qualify for public money. Requires statements of qualifications submitted by authorized candidates be mailed to voters by county clerks. Prohibits state officers and employees from participating in campaigns while on duty. Provides enforcement mechanisms including civil and criminal penalties. Financial impact: Based upon 1976 price levels