The Committee Substitute for Senate Bill 69 appropriately puts in statute a lower sufficient fund balance for the Economic Stabilization Fund (ESF) but inappropriately risks some taxpayer dollars in the ESF to chase higher returns.
Election Integrity
Ban Foreign Funding in Ballot Propositions
Despite federal laws prohibiting foreign funding of candidate elections, foreign individuals and entities are still able to fund campaigns related to state and local ballot initiatives in multiple jurisdictions, creating a loophole that hostile foreign actors can exploit to influence American elections. Key points: Federal law prohibits foreign nationals from contributing to candidate campaigns or...
April 6, 2026