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

Jan 27, 2026 - Many types of personal property are not taxed. 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.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

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

Jan 20, 2026 - It also includes civil penalties for specific types of violations. 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.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

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

Jan 27, 2026 - Taxes are a type of revenue that can be used to support any public purpose. Nearly all of the General Fund ’s revenues are taxes. Some funds, like special funds, are also funded with taxes. Most others are funded with other types of charges, largely fees.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-038

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - State law limits how businesses may sell or share the personal information of minors. Specifically, businesses must obtain explicit consent before selling or sharing the personal information of minors under the age of 16.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

Special taxes. [Ballot]

Jan 27, 2026 - Taxes are a type of revenue that can be used to support any public purpose. Some state taxes are unrestricted, meaning that revenues raised by these taxes can be used to fund any program. In contrast, a special tax is a tax levied on a specific good (for example, tobacco or fuel) or activity (for example, waste disposal or energy use) to raise revenue for a specific state prog ram.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

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

Jan 20, 2026 - Reviewing notices of proposed AI capability expansions and, in limited circumstances and subject to timelines and conditions specified in the measure, delaying such expansions. Issuing emergency orders to address imminent catastrophic harm, conducting investigations and audits, and certifying independent evaluators.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034