The bill proposes the repeal of Art. VI, s. 7, State Constitution, which requires public financing for campaigns of candidates for elective statewide offices who agree to campaign spending limits. As implemented by law, the campaigns that may currently receive funding are limited to campaigns for the Office of the Governor and Cabinet offices.

The proposal will be presented to the electors of Florida at the 2024 general election or at an earlier special election specifically authorized by law for that purpose. Approval requires a favorable vote from at least 60 percent of the electors voting on the matter.

These provisions become law without the Governor’s signature and take effect upon a favorable vote from at least 60 percent of the electors voting on the matter at the 2024 general election or at an earlier special election specifically authorized by law for that purpose.