This measure makes a number of changes to current state law regarding campaign contributions and spending. Specifically, the measure (1) limits the amount of campaign contributions that an individual or group can make to a candidate for state and local elective office and prohibits lobbyists from making contributions, (2) establishes voluntary campaign spending limits, (3) limits when campaign fund-raising may occur, and (4) establishes penalties for violations of the measure and increases penalties for existing campaign law violations.