| Sec. 10. Commission on Governmental Ethics and Election Practices to report |
| regarding campaign finance reports for direct initiative campaigns and public access to |
| those reports. By September 1, 2006, the Commission on Governmental |
| Ethics and Election Practices shall issue a report to the Joint |
| Standing Committee on Legal and Veterans Affairs regarding |
| campaign finance reports for direct initiative campaigns. The |
| report must include the commission's examination of the |
| feasibility of requiring political action committees to identify |
| the direct initiative campaigns that the political action |
| committees are receiving or expending money in support of or |
| opposition to, whether voter information pamphlets or posters |
| published by the State and publications by political action |
| committees in support of or opposition to ballot measures should |
| be required to include information indicating where campaign |
| finance reports about the measure may be obtained, reducing the |
| spending threshold that triggers reporting as a political action |
| committee and, in the months prior to an election, increasing the |
| frequency of reports by political action committees that have |
| raised or spent in excess of $40,000 on a ballot measure. |