Section 84506 Of Article 5. Disclosure In Advertisements From California Government Code >> Title 9. >> Chapter 4. >> Article 5.
84506
. (a) An advertisement supporting or opposing a candidate or
ballot measure, that is paid for by an independent expenditure, shall
include a disclosure statement that identifies both of the
following:
(1) The name of the committee making the independent expenditure.
(2) The names of the persons from whom the committee making the
independent expenditure has received its two highest cumulative
contributions of fifty thousand dollars ($50,000) or more during the
12-month period prior to the expenditure. If the committee can show,
on the basis that contributions are spent in the order they are
received, that contributions received from the two highest
contributors have been used for expenditures unrelated to the
candidate or ballot measure featured in the communication, the
committee shall disclose the contributors making the next largest
cumulative contributions of fifty thousand dollars ($50,000) or more.
(b) If an acronym is used to identify any committee names required
by this section, the names of any sponsoring organization of the
committee shall be printed on print advertisements or spoken in
broadcast advertisements.