Campaigns for and against the 17 propositions on California’s November ballot are closing in on $400 million in total contributions.
Through Sunday, the committees had reported receiving about $345 million from donors, according to state filings.
Pharmaceutical companies have contributed almost $87 million to the effort to defeat Proposition 61, which would impose price controls on state drug purchases. Proponents, led by the Los Angeles-based AIDS Healthcare Foundation, have donated more than $14 million.
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Second in total fundraising, and rising fast, is Proposition 56, which would increase the tobacco tax by the equivalent of $2 a pack. Tobacco companies put another $10 million into the opposition campaign late last week, raising opponents’ total fundraising haul to $66.3 million.
Wealthy Democratic activist Tom Steyer donated another $2 million to the yes-on-56 campaign Friday, bringing his total giving to pass the anti-tobacco measure to $5.5 million. Supporters have raised about $23 million, including a $9 million loan from the California Association of Hospitals and Health Systems.
Here is how the measures’ for-and-against money stacked up through Sunday. Note: Some committees are involved in more than one ballot measure. The plastic bag industry, for example, uses the same account to support Proposition 65 and oppose Proposition 67.