The analysis, by the Fair Political Practices Commission,
shows by the end of June, committees had raised more than $84
million to fight or support the 11 ballot measures.
The Commission's report looked at donors who gave 10-thousand
dollars or more. While the state limits what an individual donor
can give state candidates, there are no limits on the amount of
money committees can contribute to ballot measures.
The largest donors for the Governor's tax initiative include a
coalition of educators and unions. Labor union committees have also
contributed the most to fight Proposition 32, which would limit
labor unions' political fundraising.
But by far the largest committee contribution is the campaign
for Proposition 39, which would close a tax exemption on
out-of-state businesses. Bay Area venture capitalist Tom Steyer and
his committee have contributed $22 million to support the