9011.5.
(a) (1) Notwithstanding any other provision of law, a state or local initiative, referendum, or recall petition required to be signed by voters and circulated by a paid circulator who is paid by a committee formed pursuant to Section 82013 of the Government Code shall include, in 12-point type at the top of the petition, a disclosure statement that identifies the names of the persons from whom the committee received the five largest cumulative contributions of ten thousand dollars ($10,000) or more.(2) If more than five persons meet the disclosure threshold described in paragraph (1) and have made identical cumulative contributions, the
five persons making the largest cumulative contributions shall be disclosed according to chronological sequence of receipt of the cumulative contributions.
(3) The disclosure statement required by paragraph (1) shall be updated within seven days of any change in the five largest cumulative contributors.
(4) A committee that employs one or more paid circulators to circulate a state initiative, referendum, or recall petition shall submit the disclosure statement required by paragraph (1), and any updates to that statement as required by paragraph (3), to the Secretary of State, who shall post that statement on his or her Internet Web site.
(b) A committee that employs one or more paid circulators to circulate an
initiative, referendum, or recall petition shall print on the petition, immediately following the disclosure statement required pursuant to subdivision (a), its name and shall identify itself using a name or phrase that clearly describes the economic or other special interest of each person who contributed fifty thousand dollars ($50,000) or more. If two or more of these persons have the same employer, the committee shall also include the employer’s identity in the disclosure statement.
(c) As used in this section, “cumulative contributions” means the cumulative amount of contributions received by a committee beginning 12 months prior to the date the committee made its first expenditure to qualify or support the measure.
(d) This section shall not be construed to require a local
elections official to verify the accuracy of the information required by subdivision (a) or (b) or to reapprove the petition upon the update required by paragraph (3) of subdivision (a).
(e) Signatures collected on an initiative, referendum, or recall petition shall not be invalid solely because the information required by subdivision (a) or (b) was absent or inaccurate.