CA SB52

Requires disclosure of the top three identifiable contributors (those giving $50,000+ cumulatively) on ballot measure advertisements, with specific formatting requirements for radio, television, print, and telephonic advertisements.

Establishes new disclosure requirements for advertisements featuring paid spokespersons, including statements that individuals are compensated and requiring disclosure when portraying licensed occupations.

Mandates the Fair Political Practices Commission promulgate regulations by January 1, 2016 to identify and report the original sources of funds transferred through multiple committees or persons to determine identifiable contributors.

Prohibits recipients of funds from identifiable contributors from depositing funds until applicable reports are received, and establishes a complete defense if transferred fund information is incorrect and the recipient did not know or have reason to know it was incorrect.

Creates new misdemeanor violations for failing to comply with the disclosure requirements, and declares the bill furthers the purposes of the Political Reform Act of 1974 to comply with the two-thirds legislative vote requirement.