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The 2014 California State Treasurer election was held on November 4, 2014, to elect the State Treasurer of California. Incumbent Democratic Treasurer Bill Lockyer was term-limited and ineligible to run for re-election to a third term in office.
The California State Treasurer is responsible for the state's investment and finance. The post has narrower responsibilities and authority than the California State Controller. Some of the responsibilities include issuing bonds and notes for the state, and trustee, as well as registrar and paying agent for all general obligation bonds and certain revenue bonds investment of temporarily idle state money. The administration of the state's budgets, financial analyses and planning, money allocation, and economic research is under the California Department of Finance.
William Westwood Lockyer is a veteran California politician, who held elective office from 1973 to 2015, as State Treasurer of California, California Attorney General, and President Pro Tempore of the California State Senate. Described by journalistic observers as one of the state's most "colorful" and "shrewdest" public officials, he has long been known to speak his mind with an uncommon frankness that occasionally caused him political embarrassment.
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A primary election was held on June 3, 2014. Under California's nonpartisan blanket primary law, all candidates appear on the same ballot, regardless of party. In the primary, voters may vote for any candidate, regardless of their party affiliation. The top two finishers — regardless of party — advance to the general election in November, even if a candidate manages to receive a majority of the votes cast in the primary election. Washington is the only other state with this system, a so-called "top two primary" (Louisiana has a similar "jungle primary"). Democrat John Chiang and Republican Greg Conlon finished first and second, respectively, and contested the general election, which Chiang won.
A nonpartisan blanket primary is a primary election in which all candidates for the same elected office, regardless of respective political party, run against each other at once, instead of being segregated by political party. It is also known as a jungle primary, or qualifying primary. In most cases there are two winners who advance to the general election, which must be a normal first-past-the-post election, in this case it is called a top-two primary.
Washington, officially the State of Washington, is a state in the Pacific Northwest region of the United States. Named for George Washington, the first president of the United States, the state was made out of the western part of the Washington Territory, which was ceded by Britain in 1846 in accordance with the Oregon Treaty in the settlement of the Oregon boundary dispute. It was admitted to the Union as the 42nd state in 1889. Olympia is the state capital; the state's largest city is Seattle. Washington is sometimes referred to as Washington State, to distinguish it from Washington, D.C., the capital of the United States, which is often shortened to Washington.
Louisiana is a state in the Deep South region of the South Central United States. It is the 31st most extensive and the 25th most populous of the 50 United States. Louisiana is bordered by the state of Texas to the west, Arkansas to the north, Mississippi to the east, and the Gulf of Mexico to the south. A large part of its eastern boundary is demarcated by the Mississippi River. Louisiana is the only U.S. state with political subdivisions termed parishes, which are equivalent to counties. The state's capital is Baton Rouge, and its largest city is New Orleans.
