Assembly bill introduced would require disclosure on biggest sponsors of political advertisements

City News Service

Assemblyman Nathan Fletcher, R-San Diego, and Assemblywoman Julia Brownley, D- Santa Monica have unveiled a bill that would require greater transparency in disclosing to voters who paid for political advertisements.

AB 1648, the California DISCLOSE Act, was introduced Feb 13.  If approved, it would require all political ads, such as radio ads, television ads and mass mailers, that support or oppose a ballot measure or candidate in an election to disclose their top three funders of $10,000 or more and their logo, if they have one, according to Brownley.

"This is a bill that will improve transparency, disclosure of spending in elections by revealing major funding sources directly on all campaign advertisements," Brownley said.

The bill also would require campaign committees to maintain a website where the top 10 financial backers are listed so voters can easily access the information, Fletcher said.

"People have a right to know who is funding political campaigns and where true support or opposition is really coming from," said Fletcher, who is running for mayor of San Diego. Brownley said AB 1648 is similar to a measure that came up two votes short last month of the required two-thirds vote required in the Assembly for passage.

"Support for this issue is growing so significantly throughout the state and I believe we can overcome the two-thirds vote requirement to get this to the Governor for his signature," Brownley said.

SAN DIEGO (CNS) - The average price of a gallon of self-serve regular gasoline in San Diego County rose today to its highest amount since May 24, increasing 1.2 cents to $4.071.

The average price has risen for 26 consecutive days and is 20.3 cents more than one week ago, 34.2 cents higher than a month ago and 50.9 cents more than a year ago, according to figures from the AAA and Oil Price Information Service.

The average price has risen 31.4 cents over the past 26 days, including 2.5 cents on Sunday.

Analysts have cited increasing oil prices and the closure of some refineries that supply California customers as reasons for the rising gasoline prices.

Crude oil costs account for two-thirds to three-quarters of the price of a gallon of gasoline, according to Tupper Hull of the Western States Petroleum Association, a trade association representing oil companies in six western states.

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