In abstract
Proposition 33 on native lease management and the associated Proposition 34 are attracting probably the most marketing campaign money by far of the ten poll measures. However the quantity pales to what was spent on dueling sports activities betting measures in 2022.
In 2022, two dueling sports activities betting propositions dominated fundraising for California’s poll measures.
This yr, it’s two propositions associated to native lease management.
Of the greater than $350 million raised thus far by the campaigns supporting and opposing the 10 measures on the November pollgreater than half goes to Proposition 33which might give cities extra energy to impose lease limits, and Prop. 34which targets a nonprofit that’s sponsoring Prop. 33 and has put earlier lease management measures on the poll.
However this yr’s complete is roughly solely half of the almost $700 million that was spent on poll measures in 2022, together with greater than $571 million for and in opposition to the 2 competing sports activities playing propositions by tribes and on-line playing firms. Voters rejected each Prop. 26 and Prop. 27overwhelmingly.
A number of different potential measures that might have generated loads of spending — together with an oil industry-environmental warfare over oil drilling and a business-labor battle over employer legal responsibility — have been negotiated off the poll in June. And the state Supreme Court docket kicked off the poll what would have been an costly contest on a sweeping tax measure.
As Election Day on Nov. 5 nears, the cash is flowing even quicker. In response to a CalMatters evaluation, between Oct. 21 and Friday (the final day for which there’s information), greater than $21 million was contributed to the campaigns contesting the ten statewide measures. Most was contributed by the California Condo Affiliation, which invested $11 million in opposing Prop. 33 and $3.1 million to help the Prop. 34 marketing campaign. That brings the affiliation’s complete to not less than $131 million this election cycle.
On the opposite aspect, the AIDS Healthcare Basis contributed greater than $24 million for the reason that begin of October in help of Prop. 33 and in opposition to Prop. 34, although simply $560 within the final week. The inspiration’s donations complete almost $65 million this election.
The truth is, the Condo Affiliation and Healthcare Basis are the 2 largest single contributors to proposition campaigns this election, accounting for greater than half of all contributions associated to poll measures. The third largest contributor is the California Affiliation of Realtors, which gave a comparatively paltry $19 million to struggle Prop. 33.
In the newest pollingProp. 33 has the help of solely 42% of probably voters, with 54% opposed, whereas Prop. 34 has 47% help, with 49% opposed.
