August 24, 2010 •
Pension Board Candidates to Disclose Campaign Finance Activity
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.
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