Government Officials. Ethics. Campaign Financing.

GOVERNMENT OFFICIALS. ETHICS. CAMPAIGN FINANCING. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE. Limits elected statewide officials to eight successive years in office; state legislators, Board of Equalization members to twelve successive years. Prohibits honoraria, limits gifts to elected state, local officials. Enlarges conflict of interest remedies against legislators and elected statewide officers. Prohibits use of public resources for personal or campaign purposes. Authorizes appointment of special prosecutor. Establishes campaign contribution limits for elective offices. Provides partial public campaign financing for candidates to state office who agree to specified campaign expenditure limits. Substantially repeals campaign ballot measures, 68 and 73, enacted June, 1988. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Commencing 1990, an estimated $12 million loss of state General Fund revenue as a result of voluntary designation by individual taxpayers of up to 5 dollars of their tax liability for public campaign financing. Commencing 1991, an additional state General Fund cost of $5 million for public campaign financing would be partially or completely offset by state General Fund gains resulting from the repeal of existing personal income tax deduction for political campaign contributions. Commencing 1991, increased annual state administrative costs of $2.5 million for Attorney General, State Controller, Fair Political Practices Commission and Franchise Tax Board. One-time costs of $2.3 million for reprinting of tax forms