The State - News from Jan. 26, 1988

Two initiative measures to modify the constitutional spending limit and to enact campaign finance reform have qualified for the June primary ballot, Secretary of State March Fong Eu announced. The first, by anti-tax crusader Paul Gann, would exempt transportation revenues, including gasoline sales taxes, from the spending limit which Gann himself helped place into law with his successful Proposition 4 in 1979. Gann’s latest effort is a rival to another initiative on the June ballot that would adjust the limit for all areas of state spending. The second measure would impose limits on political contributions of $1,000 from individuals, $2,500 from political committees and $5,000 from political parties. The initiative, submitted by three state lawmakers, also would bar elected officials from accepting more than $1,000 yearly from speech-making fees or transfering their campaign money to other candidates.