The Center for Governmental Studies has released this report.  From today’s press release announcing it: 

The Center for Governmental Studies (CGS) today released a new report and model law recommending that California adopt a comprehensive new approach to the way state candidates raise funds to conduct their campaigns. Public Campaign Financing in California: A Model Law for 21st Century Reform, urges replacing larger, private campaign contributors with small campaign donors and public campaign financing….

The proposed California Campaign Reform Act aims to (1) reduce the negative influence of large contributions on candidates, officeholders and public policy; (2) free candidates and office holders from the time pressures of fundraising; (3) increase the time they devote to discussing urgent issues; (4) increase citizen participation in the electoral process; and (5) encourage new candidates to run for office.