Jacoby's Response to my E-mail

I’m not buying this. I plan on looking into where Dave gets this $10 million dollar price tag. If anyone has insights to this, please let me know.


Policy wise, it is a good bill (that needs to be less complicated). I

voted for it in State Gov’t.

We are stuck with the $10 million price tag, and where that money would

come from.

In other words, what do we not fund (education, mental health, Power


Thank you for the e-mail!


Update on $10 million price tag:

I just combed through the VOICE bill (HF 805) and found where Jacoby came up with the $10 million price tag. The latter is a start up fund that would be used to finance Clean Elections. The fund would be drawn down to finance Clean Elections and would be replenish with an optional income tax check off, qualifying contributions, unused seed money, voluntary contributions to the Clean Election fund, and other methods. After each election cycle, if the fund is in the red, or under the $10 million benchmark, it’s up to the general assembly to replenish these funds, presumably drawing down on the general fund.

Given the voluntary basis of most incoming revenues, it looks like the Clean Elections fund would more than likely be in the red. It seems this needs more teeth in it. I thought other states mandated the $5 fee for all person filing an income tax. I could see how this might dissuade some of our leaders from putting this into the bill, but if funding it is the only thing standing between the bill becoming law, it’s time for our leaders to step up and take a stand.

I also found it that the only lobbyists who declared against this bill were two lobbyists representing the ACLU. What would their rationale be for doing so? I’m confused.

Voter-Owned Iowa’s Take on funding “Clean Elections”:

It is estimated that Iowa could have a fully funded Voter-Owned Elections system for $10 million per year, or less than 1/10 of 1% of our state’s annual budget.

There are several possible ways to pay for a Voter-Owned Elections system. Bipartisan committees are currently considering several options. Some examples are:

• $5 qualifying contributions.

• Voluntary income tax check-off.

• Excess seed money raised by candidates trying to decide if they should run.

• Voluntary donations.

• Fines levied by the state’s campaign disclosure board.

• Other sources determined by the state legislature.

My take: if it’s makes good policy, Dave, then good leadership should make it work, and if coming up with a $10 million start up fund (less than .01 of our state’s budget) is all it takes, then it’s time to roll up your sleeves and get to work.

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  • Thanks!

    Thanks for following up on this.  It’s certainly clearer to me now.  My local (democratic) reps have been very concerned about actually funding things that they vote for without raising taxes. 

    (Of course, then they go and put in place yet another regressive social engineering sin tax.  Bleah.)