Section 84223 Of Article 2. Filing Of Campaign Statements From California Government Code >> Title 9. >> Chapter 4. >> Article 2.
84223
. (a) A committee primarily formed to support or oppose a
state ballot measure or state candidate that raises one million
dollars ($1,000,000) or more for an election shall maintain an
accurate list of the committee's top 10 contributors, as specified by
Commission regulations. A current list of the top 10 contributors
shall be provided to the Commission for disclosure on the Commission'
s Internet Web site, as provided in subdivision (c).
(b) (1) Except as provided in paragraph (4), the list of top 10
contributors shall identify the names of the 10 persons who have made
the largest cumulative contributions to the committee, the total
amount of each person's contributions, the city and state of the
person, the person's committee identification number, if any, and any
other information deemed necessary by the Commission. If any of the
top 10 contributors identified on the list are committees pursuant to
subdivision (a) of Section 82013, the Commission may require, by
regulation, that the list also identify the top 10 contributors to
those contributing committees.
(2) (A) A committee primarily formed to support or oppose a state
ballot measure shall count the cumulative amount of contributions
received by the committee from a person for the period beginning 12
months prior to the date the committee made its first expenditure to
qualify, support, or oppose the measure and ending with the current
date.
(B) A committee primarily formed to support or oppose a state
candidate shall count the cumulative amount of contributions received
by the committee from a person for the primary and general elections
combined.
(3) The aggregation rules of Section 85311 and any implementing
regulations adopted by the Commission shall apply in identifying the
persons who have made the top 10 cumulative contributions to a
committee.
(4) A person who makes contributions to a committee in a
cumulative amount of less than ten thousand dollars ($10,000) shall
not be identified or disclosed as a top 10 contributor to a committee
pursuant to this section.
(c) (1) The Commission shall adopt regulations to govern the
manner in which the Commission shall display top 10 contributor lists
provided by a committee that is subject to this section, and the
Commission shall post the top 10 contributor lists on its Internet
Web site in the manner prescribed by those regulations. The
Commission shall provide the top 10 contributor lists to the
Secretary of State, upon the request of the Secretary of State, for
the purpose of additionally posting the contributor lists on the
Secretary of State's Internet Web site.
(2) A committee shall provide an updated top 10 contributor list
to the Commission when any of the following occurs:
(A) A new person qualifies as a top 10 contributor to the
committee.
(B) A person who is an existing top 10 contributor makes
additional contributions to the committee.
(C) A change occurs that alters the relative ranking order of the
top 10 contributors.
(3) The 10 persons who have made the largest cumulative
contributions to a committee shall be listed in order from largest
contribution amount to smallest amount. If two or more contributors
of identical amounts meet the threshold for inclusion in the list of
top 10 contributors, the order of disclosure shall be made beginning
with the most recent contributor of that amount.
(4) The Commission shall post or update a top 10 contributor list
within five business days or, during the 16 days before the election,
within 48 hours of a contributor qualifying for the list or of any
change to the list.
(d) In listing the top 10 contributors, a committee shall use
reasonable efforts to identify and state the actual individuals or
corporations that are the true sources of the contributions made to
the committee from other persons or committees.
(e) In addition to any other lists that the Commission is required
to post on its Internet Web site, the Commission shall compile,
maintain, and display on its Internet Web site a current list of the
top 10 contributors supporting and opposing each state ballot
measure, as prescribed by Commission regulations.