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Prop 50 Backers Double Opponents’ Funds as 65,000 Donors Power Final Stretch

New disclosures show a dominant cash position for the Yes campaign, setting up an aggressive push before the Nov. 4 special election.

Overview

  • Latest filings report $83 million raised for supporters versus $35 million for opponents, with the primary pro‑Prop 50 committee at $77.5 million and $54.4 million on hand.
  • Supporters report more than 65,000 individual donors compared with roughly 130 on the opposing side, underscoring a vast small‑donor edge.
  • Opposition funding leans heavily on a $30 million loan from Charles Munger Jr., alongside $5 million from the Congressional Leadership Fund.
  • Top pro‑Prop 50 contributions include $10 million from a George Soros–backed fund, $7.6 million from House Majority PAC, and multi‑million‑dollar gifts from labor unions.
  • Both sides have spent tens of millions on ads, as supporters press a message focused on checking President Trump and opponents label the measure a partisan power grab; the special election is projected to cost $282 million.