Revises limitations on use of public funds for political purposes.

Provides that the legislative authority of a city or county may establish, through adoption of an ordinance or resolution, a program allowing the use of public funds to finance campaigns for local office. The ordinance or resolution must be submitted to, and approved by, a vote of the people at the next general election in the form of a referendum for those local jurisdictions with referendum power, or in the form of an advisory ballot for those local jurisdictions without referendum power.