Get The Facts On Proposition 32
STUDIO CITY (CBSLA.com) — Proposition 32 would limit certain funding to political campaigns, including the following:
- Corporations and unions cannot make any contributions "(1) directly to candidates or (2) to committees that then make contributions to candidates."
- This only applies to state politics and includes "political contributions, independent expenditures, member communications related to campaigns, and other expenditures to influence voters."
- A union's existing ability to "use payroll deductions for other activities, including collective bargaining and political spending in federal campaigns" stays intact.
- Costs for the state could increase by $1 million annually. This is in order to "investigate alleged violations of the law and to respond to requests for advice."
- The proposition says it "does not affect a corporation or union's ability to spend money on independent expenditures."
- It defines "independent expenditures" as "money spent to communicate support or opposition of a candidate or ballot measure... if the funds are spent in a way that is not coordinated with (1) a candidate or (2) a committee established to support or oppose a candidate or a ballot measure."
- Essentially, Super PACs are exempt from this proposition.
Read the proposition for yourself:
YES on 32 - Cuts the Money Tie Between Special Interests and Politicians
NO on 32 - Stop the Special Exemptions Act
http://www.stopspecialexemptions.org/
Polls indicate that no leads yes 49% to 42% as of Sep. 16, 2012.
The LA Times says no on Prop 32.
