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

Jan 27, 2026 - One major type of personal property that is not taxed is financial assets like stocks. Proposal No New Taxes on Financial Assets or Other Personal Property. New taxes on the ownership of financial assets or other personal property would not be allowed.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - A person ’s net worth is the value of all the things they own, like stocks, businesses, or other investments, minus their debts. By this measure, California is home to a few hundred people with wealth over $1  billion, often called billionaires.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - The tax applies to most types of income, such as salaries, wages, interest, and profits from the sale of stocks, property, and other in vestments. The income tax rate starts out low and gradually goes up for taxpayers with higher incomes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

Proposition 55 [Ballot]

Nov 8, 2016 - In bad stock market years, Proposition  55 could increase debt payments and budget reserves by $60  million. In good stock market years, Proposition  55 could increase debt payments and reserve deposits by $1.5  billion or more.    
https://lao.ca.gov/BallotAnalysis/Proposition?number=55&year=2016

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

Nov 3, 2015 - The precise amount of this revenue in any given year would depend heavily on trends in the stock market and the economy. For example, if the stock market and economy were weak in 2019 (the first year of the proposed tax increase ext ension), this measure might generate around $5  billion of increased revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-065

App-based rideshare and delivery drivers. [Ballot]

Dec 18, 2019 - To the extent that stock prices for California-based rideshare and delivery companies increase as a result of the measure, Californians who own stock in these companies would earn additional taxable income.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-026

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

Nov 10, 2015 - The precise amount of this rev enue in any given year would depend heavily on trends in the stock market and the economy. For example, if the stock market and economy were weak in 2019 (the year this measure ’s tax increases would take effect), this measure might generate around $7 billion of increased revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-070

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

Jan 25, 2016 - The precise amount of this revenue in any given year would depend heavily on trends in the stock market and the economy. For example, if the stock market and economy were weak in 2019 (the first year of the proposed tax increase ext ension), this measure might generate around $5  billion of increased revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-115

Proposition 22 [Ballot]

Nov 3, 2020 - Californians who own rideshare and delivery company stock also may earn more when they sell the stock. They would pay state income taxes on these increased gains. The amount of increased state personal income taxes paid by drivers and stockholders is unknown, but likely minor.
https://lao.ca.gov/BallotAnalysis/Proposition?number=22&year=2020

Estate taxes and financial aid for college. [Ballot]

Nov 30, 2017 - After accounting for the ramping-up eff ect, revenue collections could go up and down from one year to the next based upon the following main factors: Economy and Stock Market. Estate values are dependent on the economy and the stock market.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-038