Proposition 4: Allows the state of California to establish public campaign funds for public office candidates.
According to CalMatters:
Current law prohibits California state and local governments from using public funds to support election campaigns. Supporters of the proposition say passing of this measure would remove the financial barrier and encourage any eligible candidate to run. Opposers of this proposition say passing of this measure would force taxpayers to finance political candidates they do not wish to support.FISCAL IMPACT: Ongoing costs to the state of a few hundred thousand dollars each year for the Fair Political Practices Commission to answer questions from state and local governments about public campaign finance programs.
"Yes" Vote: The state would establish public campaigning fund programs for public office candidates.
"No" Vote: No public campaign funds would be available to public office candidates by the state of California.
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