Special taxes. [Ballot]

Jan 27, 2026 - The degree to which this would occur depends on future decisions and are not known. Summary of Fiscal Impacts. We estimate that the measure would have the following fiscal effects: Unknown Fiscal Effect.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - The measure limits the situations in which a ballot measure or the Legislature can raise a tax retroactively. A retroactive tax is one that applies to things that happened in the past. An example is a tax on money someone earned two years ago.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

Oversight of certain frontier artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The magnitude of these effects would depend on several unknown factors, including how many entities are regulated under the measure, how the commission implements its authority, how regulated entities respond to the measure ’s requirements, and the extent to which provisions of the measure are upheld under state and federal law.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

Contracting with attorneys. [Ballot]

Dec 17, 2025 - However, with the exception of civil actions in which the government appoints an attorney for someone and criminal cases, any future changes to state law re gulating the way people contract with attorneys would need to be approved by the voters.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-027

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The magnitude of these effects would depend on several unknown factors, including how many entities are regulated under the measure, how the commission implements its authority, how regulated entities respond to the measure ’s requirements, and the extent to which provisions of the measure are upheld under state and federal law.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

Immunology and immunotherapy. [Ballot]

Dec 17, 2025 - Basic research, which is mostly conducted by universities, focuses on discovering new scientific knowledge. Applied and clinical research, which is mostly conducted by industry, u se that knowledge to develop and test treatments for specific medical conditions .
https://lao.ca.gov/BallotAnalysis/Initiative/2025-026

Time limits, environmental reviews, and judicial reviews for certain types of infrastructure projects. [Ballot]

Dec 10, 2025 - Judicial Review The proposed initiative would make several changes to the grounds on which an entity can legally challenge an agency ’s approval or authorization of a project and to how the courts review cases.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-023

Rideshare companies. [Ballot]

Dec 17, 2025 - For example, the same report noted that the two largest rideshare companies —which make up the majority of the industry —disclosed 27,000 collisions and 20,000 assault or harassment incidents to CPUC over the same time period.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-028

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - Also, much of the wealth is based on stock prices, which are always changing. Likely Ongoing Decrease in State Income Tax Revenues. California billionaires, like all those earning money in the state, currently pay state taxes on their annual income.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

Artificial intelligence (AI) and child safety. [Ballot]

Dec 12, 2025 - The extent to which platforms use AI varies depending on the type of service offered, the scale of the business, and the data they collect. Existing State Privacy Law Includes Certain Protections for Minors.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025