Seattle Times: "Initiative 1464’s voucher system would give voters three $50 “democracy credits” that they can use in state races every two years. To pay for the statewide system, the measure would repeal the nonresident sales-tax exemption for residents of sales-tax-free states like Oregon and Montana who shop in Washington. To be eligible to redeem the vouchers, participating political candidates would have to pledge to limit self-financing, as well as the size of donations they accept."
"I-1464 would also impose tougher donor-disclosure requirements on political ads and limit the amount of money contractors and lobbyists can contribute to candidates. Additionally, it would impose a three-year waiting period before former elected officials and senior staff can lobby their previous employers and colleagues."