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

Jan 20, 2026 - In addition, t he commission would have authority to oversee certain corporate governance practices and material financial transactions, conduct audits and investigations, issue binding directive s and emergency orders, and adopt regulations necessary to implement the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

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

Jan 20, 2026 - If initial registration fees are insufficient to establish the commission, the State Controller may advance up to $10 million from the General Fund, to be repaid with interes t within three years of the first annual assessments.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

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

Jan 27, 2026 - The amount of new tax owed would be in proportion to the amount of time they spend in the state. Fiscal Effects Decreased State Income Tax Revenues From New Residency Rules. Some current resident taxpayers (and taxpayers who were residents for part of the year) would become nonresidents under the new rules.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039

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

Jan 27, 2026 - Prohibit new taxes on financial assets and other personal property. [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed initiative that would prohibit new taxes on financial assets and other personal property (A.G.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

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

Jan 20, 2026 - The measure also authorizes the new oversight board to charge each entity an annual fee based on the value of its assets. The exact fee amounts would vary but is intended to fund the new board ’s activities.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - The measure establishes new child safety requirements for providers of “covered AI systems, ” generally defined as consumer-facing, conversational AI systems (including companion-style chatbots), while excluding business-only and certain narrow-purpose AI tools.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - In the year a new owner takes over a property, its taxable value typically is its purchase price. Each year after that, the property ’s taxable value is adjusted for inflation by up to 2  percent. When a property changes ownership again, its taxable value is reset to its new purchase price.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

The applicability of tax increases to the state’s constitutional requirements. [Ballot]

Jan 27, 2026 - If the Legislature or voters raise new taxes, and deposit their proceeds into the General Fund, a share must be spent on schools and community colleges. By contrast, the Legislature or voters can raise taxes and dep osit them into a special fund without triggering this requirement.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-038