Anyone running for election to the boards of California’s two pension funds will have to disclose their campaign contributions, according to a bill that just passed the California Assembly.

The bill now heads to the senate.

According to the Associated Press:

“Under the bill, candidates would have to disclose any contribution of $5,000 or more within 10 days of receiving it and any contribution of $1,000 or more within 24 hours during the period immediately before an election.”

Here is the Associated Press source article by Cathy Bussewitz: “Disclosure considered for California pension boards”

Photo of the CalPERS headquarters by Coolcaesar on Wikipedia.