California AB1188 mandates disclosure of top financial contributors for statewide initiative and referendum petitions.

California AB1188 requires statewide initiative and referendum petitions to disclose top financial contributors. Petitions must include a notice in boldface type, followed by a list of top contributors in descending order. Supporters and opponents of the measure must also be listed, with certain requirements for nonprofit organizations and businesses. The Secretary of State must confirm the accuracy of these lists. The act applies to measures with an official summary date on or after the effective date of the act.

California AB1188 mandates disclosure of top financial contributors for statewide initiative and referendum petitions.

California AB1188 requires statewide initiative and referendum petitions to disclose top financial contributors. Petitions must include a notice in boldface type, followed by a list of top contributors in descending order. Supporters and opponents of the measure must also be listed, with certain requirements for nonprofit organizations and businesses. The Secretary of State must confirm the accuracy of these lists. The act applies to measures with an official summary date on or after the effective date of the act.