Capitol Alert

California water bond, budget reserve campaign committee raises $650,000

A campaign committee to pass a $7.5 billion water bond and budget reserve ballot measure championed by Gov. Jerry Brown received its first infusion of money late Tuesday.

The statewide carpenters union, the State Building and Construction Trades Council of California, and the California American Council of Engineering Companies gave $650,000 to “Yes on Props 1 and 2, a bipartisan coalition of business, labor, Republicans, Democrats and Governor Brown.”

As of June, the committee’s mission had been to pass Prop. 30, the November 2012 ballot measure that temporarily raised income taxes on the wealthy and the sales tax. The committee had more than $2.8 million in the bank on June 30.

Bond opponents have raised $40,000. Opponents of Proposition 2, the rainy-day reserve initiative, have not reported raising any money so far.

The money for the Yes on Propositions 1 and 2 committee was the largest piece of more than $2.2 million in contributions reported Tuesday to 112 campaign committees, according to state filings.

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