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LWV League of Women Voters of California Education Fund
Smart Voter
State of California November 7, 2006 Election
Proposition 89
Political Campaigns. Public Financing. Corporate Tax Increase. Campaign Contribution and Expenditure Limits
State of California

Initiative Statute - Majority Approval Required

Fail: 1,847,919 / 25.5% Yes votes ...... 5,394,826 / 74.5% No votes

See Also: Index of all Propositions

Results as of Nov 14 5:08pm, 100.0% of Precincts Reporting (25090/25090)
Information shown below: Summary | Fiscal Impact | Yes/No Meaning | Official Information | Arguments |

Should eligible candidates for state elective offices receive public campaign funding that is supported by new taxes on corporations and financial institutions, and should contribution limits be imposed on those candidates that do not receive public campaign funding?

Summary Prepared by the State Attorney General:
Provides that eligible candidates for state elective office may receive public campaign funding. Increases tax on corporations and financial institutions by 0.2 percent to fund program. Imposes new campaign contribution/expenditure limits. Put on the Ballot by Petition Signatures

Fiscal Impact from the Legislative Analyst:
Increased revenues (primarily from increased taxes on corporations and financial institutions) totaling more than $200 million annually to pay for the public financing of political campaigns.

Meaning of Voting Yes/No
A YES vote on this measure means:
Candidates for state offices could choose to receive public funds to pay for the costs of campaigns if they meet certain requirements. Candidates not accepting public funds would be subject to lower contribution limits than currently. The tax rate on corporations and financial institutions would be increased to pay for the public financing of political campaigns.

A NO vote on this measure means:
Candidates for state offices would continue to pay for their campaigns with private funds subject to current contribution limits. The tax rate on corporations and financial institutions would not change.

Official Sources of Information
Arguments Submitted

Summary of Arguments FOR Proposition 89:
Proposition 89 will curb corruption in Sacramento and reduce the power of special interests and lobbyists over our government. It will level the playing field and assure that elections are about ideas, not money. It will enable everyday people, like teachers, nurses and firefighters, to run for public office.

Full Text of Argument In Favor, Rebuttal

Summary of Arguments AGAINST Proposition 89:
Proposition 89 is phoney reform. Prop. 89 increases taxes for politicians to finance their political campaigns and negative ads. The special interests behind 89 wrote it to give themselves an unfair advantage, limiting the voice of small businesses and nonprofits and damaging consumers. It's too complicated and unworkable. Vote No on 89.

Full Text of Argument Against, Rebuttal

Contact FOR Proposition 89:
Michael Lighty
Californians for Clean Elections, Yes on 89
2000 Franklin Street
Oakland, CA 94612
(800) 440-6877
info@yeson89.org
http://www.yeson89.org

Contact AGAINST Proposition 89:
Californians to Stop 89
1415 L Street, Suite 1250
Sacramento, CA 95814
(916) 708-7824
info@noprop89.org
http://www.noprop89.org

  No Spin Information

League of Women Voters

Other Nonpartisan Sources Voter Minutes Events

Audio/Video

Official Information

Secretary of State

Campaign Finance Data

California Voter Foundation

Secretary of State
  • Cal-Access - how much money is being raised and spent on Prop 89
Around the Capitol - Election Track News and Analysis

California Voter Foundation

Coverage by News Organizations Google News Search Partisan Information

Supporters

Opponents Message to News Reporters

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