Bill > SB42

This bill proposes to modify California's Political Reform Act of 1974 to create a public campaign financing system for state and local elections, addressing several key provisions. The bill would allow public officers and candidates to use public funds for seeking elective office, with important restrictions: funds cannot be from sources earmarked for education, transportation, or public safety, and candidates must meet "strict criteria" to qualify, such as demonstrating broad-based support through small-dollar contributions (no more than $10 per contributor). The bill specifically prohibits using public funds for legal defense fees, fines, or repaying personal campaign loans. It aims to reduce the influence of wealthy donors and special interests by creating a citizen-funded election program that can help level the playing field between incumbents and challengers. The bill also strengthens existing prohibitions on foreign government contributions by increasing potential fines for violations, mandating a fine at least equal to the contributed amount and not exceeding three times that amount. Notably, the bill requires voter approval at the November 3, 2026 statewide general election and emphasizes goals of making elections more fair, open, and competitive while reducing the potential for corruption or undue influence in the political process.

Budget and Finance, Government Affairs

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB42