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California · SB 42 (2025) · Election: 2026-11-03

California Fair Elections Act of 2026 (Public Campaign Financing)

Plain-English Summary

A legislatively referred measure that would amend the Political Reform Act of 1974 to allow state and local governments to establish public financing programs for political campaigns, with restrictions on how those public funds may be spent.

What each outcome does

IF YES PASSES

If approved, state and local governments could create public financing programs for candidates who agree to spending limits and qualification rules; public funds could not be used for legal defense, fines, or repaying personal loans, and foreign-contribution violations would carry misdemeanor penalties.

IF NO PASSES

If rejected, current restrictions on public financing of campaigns at the state and most local levels remain in place.

Who is funding each side

YES SIDE
Sponsor: Sen. Tom Umberg (D); coalition includes California Common Cause, League of Women Voters of California, California Clean Money Campaign
Reported funding: Not yet reported
NO SIDE
Sponsor: No major opposition committee identified
Reported funding: Not yet reported

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