Campaign Funding. Contribution Limits.

CAMPAIGN FUNDING. CONTRIBUTION LIMITS. INITIATIVE STATUTE. Limits political contributions to candidate for public office, to $1,000 from a person, $2,500 from a political committee, and $5,000 from a political party or broad-based political committee during defined period preceding each candidate\u27s election. Exempts certain donations. Permits stricter local limits. Prohibits transfer of funds between candidates; candidate controlled committees. Prohibits funds donated for campaign from other campaign use unless donor consents. Prohibits public officials using and candidates accepting public funds for seeking elective office. Prohibits public appearance payments to local elected officials. Limits mailings notifying public of government agencies\u27 meetings. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: State administrative General Fund costs may be as much as $1.4 million per year, beginning in 1992-93