What would the initiative do?
Limits contributions received by candidates, candidate committees in city elections per election cycle to:
No more than $500 from individual, political committee.
No more than $5,000 loan balance from candidate.
Any amount from small donor committee (defined), which may accept contributions of $100 or less per individual donor per year.
Requires each communication to voters relating to a city candidate election must prominently disclose information about the source of contributions, expenditures for communication.
Requires entities making independent expenditures greater than $750 must register as a political committee within three days.
Allows candidates to receive any amount from government public campaign funding system.
Limits independent expenditures to $5,000 per individual, $10,000 per political committee, per election cycle. Unlimited independent expenditures by small donor committees.