Temporary extension of Proposition 30 income tax increases (Amendment No. 1). [Ballot]

Nov 3, 2015 - This fund is intended to reduce the need for budget cuts, tax increases, and other measures in the future when the economy or stock market weakens. Proposition  2 also requires speeding up payment of certain state debts.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-065

Personal income taxes and funding for education and health programs (Amendment No. 1). [Ballot]

Nov 10, 2015 - In response to budget deficits resulting from this volatility, the state took various actions, including budget cuts, tax increases, and other measures. As a result of these action s and the improving economy, the General Fund has not ended a fiscal year with a deficit since 2011-12.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-070

Housing affordability and property taxes. [Ballot]

Nov 29, 2021 - [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed constitutional and statutory Tax Cut and Housing Affordability Act of 2022 initiative (A.G. File No. 21-0032, Amendment #1).
https://lao.ca.gov/BallotAnalysis/Initiative/2021-032

Housing affordability and property taxes. [Ballot]

Nov 12, 2021 - [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed constitutional and statutory Housing Affordability and Tax Cut Act of 2022 initiative (A.G. File No. 21-0023) . Background Property Taxes and Income Tax Credits   Local Governments Collect Property Taxes From Property Owners.  
https://lao.ca.gov/BallotAnalysis/Initiative/2021-023

Extend temporary personal income tax rate increases on high-income taxpayers (Amendment #1). [Ballot]

Jan 25, 2016 - This fund is intended to reduce the need for budget cuts, tax increases, and other measures in the future when the economy or stock market weakens. Propo sition 2 requires that money be deposited into the rainy day fund until the total reaches a maximum of 10 percent of General Fund tax revenues —which now equals about $12 billion.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-115

Proposition 55 [Ballot]

Nov 8, 2016 - When the economy gets worse and revenues decline, governments use money that they saved to reduce the amount of spending cuts, tax increases, and other actions needed to balance their budgets. Constitution Requires Minimum Amount Used for Debt Payments and Budget Reserves.
https://lao.ca.gov/BallotAnalysis/Proposition?number=55&year=2016