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

Jan 20, 2026 - Civil penalties on covered co mpanies may be assessed as a percentage of annual gross revenue, beginning at 5 percent for initial violations and increasing to as much as 100 percent for violations that remain u ncured over specified time periods.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - Over the first few years, sch ools and other local governments would lose between $12 billion and $20 billion annually. Over time, these revenue losses would grow by 5 to 10 percent per year. About half of the revenue losses would go to cities, counties, and special districts.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

Elections and the initiative process. [Ballot]

Mar 23, 2026 - Fiscal Effects Proposed Tax Would Generate State Revenues Each Year … We estimate that an income tax surcharge of 5  percent on income above $10  million would raise several billion dollars each year for the specific purposes outlined in the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-001

Residency rules for state personal income tax purposes. [Ballot]

Jan 27, 2026 - Nonresidents pay about 5  percent of all state income taxes. Determining Residency. The state does not have a single rule for determining whether a taxpayer is a resident or nonresident for tax purposes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039

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

Jan 20, 2026 - The commission would be authori zed to impose civil penalties, including fines of up to 20 percent of a company ’s California-derived revenue for certain violations. Certain executives may be held personally liable for certain knowing violations, subject to penalties of up to $1 million per violation.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

Oversight of certain nonprofit charities and related entities. [Ballot]

Jan 20, 2026 - These range from up to $25,000 per month for failing to file required reports to up to $20 million for “evasion ” of the measure ’s requirements. Penalties could be sought by the new board or DOJ and would be paid to the state.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032