Proposed by initiative petition to be voted on at the General Election, November 7, 2006.
AMENDS CONSTITUTION: ALLOWS LAWS REGULATING ELECTION CONTRIBUTIONS, EXPENDITURES ADOPTED BY INITIATIVE OR 3/4 OF BOTH LEGISLATIVE HOUSES
RESULT OF "YES" VOTE: "Yes" vote amends Constitution to allow laws limiting or prohibiting election contributions and expenditures if adopted by initiative process of 3/4 of both legislative houses.
RESULT OF "NO" VOTE: "No" votes retains current ban in Oregon Constitution on laws that limit or prohibit political campaign contributions or expenditures by any person or any entity.
SUMMARY: Amends the Oregon Constitution. The Oregon Constitution currently bans laws that impose involuntary limits on, or otherwise prohibit, political campaign contributions or expenditures by any person or any entity. The measure amends the Oregon Constitution to allow laws, if they are enacted or amended through the ballot initiative process or by the Legislative Assembly by a three-fourths vote of both houses, that limit or prohibit campaign contributions and expenditures to influence the outcome of any election. The measure allows such limitations or prohibitions to apply to election contributions and expenditures of any type or description. Other provisions.
ESTIMATE OF FINANCIAL IMPACT: There is no financial effect on state or local government expenditures or revenues.