California law creates more transparency on campaign money
California Governor Arnold Schwarzenegger has signed a law lowing the monetary threshold for political candidates, lobbying firms and others to file financial disclosure records online. The new threshold for cumulative contributions is $25,000, down from $50,000. -db Sacramento Bee May 10, 2010 By Jim Sanders Gov. Arnold Schwarzenegger has signed legislation to lower the monetary threshold at which state candidates, lobbying firms and others must file financial disclosures online to the secretary of state’s office.