Becky recaps a busy week in elections and legislative sessions around the country!

The group Represent South Dakota met the November 6 deadline for submitting petition signatures to the Office of the Secretary of State to add a constitutional amendment to the 2018 ballot.

The amendment would tighten campaign finance and lobbying restrictions, create an independent ethics commission, and require laws changing the ballot question process to pass a public vote.

House speaker Mark Mickelson also met the deadline to turn in petition signatures for an initiative that would ban out-of-state political contributions for ballot questions, affecting groups such as Represent South Dakota.

The Office of the Secretary of State will conduct a random sampling of the signatures to determine their validity.

On Tuesday voters elected Wilmot Collins as the new Mayor of Helena, unseating the incumbent mayor of 16 years.

Collins, who came to Helena 23 years ago, is the first black mayor in the history of Montana.

Helena has nonpartisan elections, but Collins ran on a progressive message addressing teen and veteran homelessness, improving tourism, ensuring access to clean water, and encouraging other refugees to prosper in the city.

On Tuesday, Tucson voters rejected a ballot measure to increase the city sales tax by a half-penny and a second measure aiming to increase it by a tenth of a percent to fund zoo renovations.

The proposed half-cent increase was intended for early childhood education funding and pre-school vouchers and would have generated an estimated $50 million a year. There was strong opposition to the measure by city officials and both local political parties.

Tucson voters approved a sales tax increase earlier this year to fund police and infrastructure.

Voters in Denver approved a $937 million bond package to fund roads, parks, libraries, and cultural facilities.

The bond package, made up of seven different ballot questions, is the city’s largest ever and the first it has seen in a decade.

Support on all seven ballot questions was strong, the smallest margin of victory hovering above 60 percent.

There was no organized opposition to the package which covers about 460 repair and improvement projects throughout the city.

Voters in Kansas City approved a ballot measure on a $1 billion airport project to build a new privately financed airport in the city. The fate of the current 45-year-old airport has been a question for years as the city debated whether to renovate or demolish.

Supporters of the new project said the airport had outlived its usefulness and presented the city in a poor light to travelers. The ballot measure was approved by a 3-to-1 margin.

In St. Louis, voters approved a half-cent sales tax increase for police and fire funding. St. Louis County recently approved similar funding and City officials persuaded voters the tax increase was necessary to have competitive wages.

Voters rejected a ballot measure Tuesday to reduce the price of prescription drugs for the state.

Issue 2, or Drug Price Relief Act, would have limited the amount the state is allowed to pay for pharmaceuticals to the amount the Department of Veterans Affairs pays, typically a greatly discounted price. The state provides these drugs to prisoners, injured workers, and those who cannot afford them.

Nearly 80 percent of voters rejected the proposal, many citing a lack of transparency on how the change would affect prices for the general public.

The pharmaceutical industry contributed around $70 million to oppose the measure while AIDS Healthcare Foundation, a California-based group, spent only $17 million.

Maine voters approved a ballot measure to expand access to Medicaid under the Affordable Care Act.

Maine is the first state to settle the issue by referendum as Republican Gov. Paul LePage vetoed expanding Medicaid access five times.

Additionally, voters approved ballot measures relating to infrastructure bonds and pension funding and rejected a ballot measure allowing casino or slots in York County.

On Tuesday, Texans voted to loosen some home lending regulations in place since the foreclosure crisis.

By a two-thirds margin, the ballot measure expanding who can make a home equity loan and allowing homeowners to convert home equity loans into conventional mortgage loans was approved.

The measure was widely opposed by fair housing advocates and supported by lenders and the real estate industry. This is the second time in the last five years Texans have voted in favor of more relaxed lending laws.

Meanwhile, in Dallas, voters overwhelmingly approved a $1.05 billion bond package focused on repairing the city’s infrastructure and recreational amenities.

Democratic Lt. Gov. Ralph Northam will be Virginia’s next governor after defeating former Republican National Committee chairman Ed Gillespie.

In what was expected to be a close race, Lt. Gov. Northam won by nearly nine points, the largest margin of victory in decades for a Virginia governor.

By winning over a large number of suburban voters, who typically lean Republican, the resounding win is seen by many as a rebuke of President Trump.

Northam will be joined by fellow Democrats Justin Fairfax and Mark Herring, who easily won races for lieutenant governor and attorney general.

Vi Lyles defeated Kenny Smith to become Charlotte’s next mayor.

Lyles captured 59 percent of the vote with 100 percent of precincts reporting.

Lyles will become the first African-American woman to become mayor of Charlotte.

Jenny Durkan is expected to defeat Cary Moon and become Seattle’s next mayor.

With 39 percent of the vote tallied, Durkan captured 61 percent of the vote Tuesday night.

Durkan is a former U.S. Attorney General and Seattle’s first female mayor since the 1920s.

Photo of Jenny Durkan By Dennis Bratland via Wikimedia Commons

On December 6, capital acquisition brokers (CAB) will become covered by the same pay-to-play rules the Financial Industry Regulatory Authority (FINRA) imposes upon broker-dealers, placement agents, and covered associates.

Earlier this year, on August 20, FINRA implemented Rule 2030, a new pay-to-play rule for broker-dealers, placement agents, and covered associates acting on behalf of certain regulated investment advisors or soliciting a government entity to invest in certain pooled investment vehicles. FINRA Rule 4580, which took effect the same day, mandates certain record-keeping requirements concerning any related contributions.

Starting in December, a firm meeting the statutory definition of a CAB and electing to be governed by the FINRA rule set would be subject to FINRA’s new pay-to-play rules. Specifically, FINRA’s CAB Rule 203 (Engaging in Distribution and Solicitation Activities with Government Entities) and CAB Rule 458 (Books and Records Requirements for Government Distribution and Solicitation Activities) require CABs be subject to FINRA’s pay-to-play Rules 2030 and 4580.

The new rules are meant to deter CABs from engaging in pay-to-play practices, according to FINRA Regulatory Notice 17-37.

Gov. Rick Scott signed an executive order calling for a special election to replace state Sen. Jeff Clemens.

A special primary will be held on January 30, 2018, with a special general election to follow on April 10. Clemens resigned his Senate District 31 seat on October 27 after reports stated he had an extramarital affair with a lobbyist.

The winner of the election will serve the remainder of Clemens’s term, running through election day in 2020.