Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - About half of the revenue losses would go to cities, counties, and special districts. The other half would go to schools. In some years, the state could face additional cost pressures to provide mon ey to schools to offset their revenue losses.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

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

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

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

Jan 20, 2026 - Our estimate below assumes that all of its provision would go into effect. Increased State Costs for New Oversight and Enforcement. The measure would increase state costs for creating and supporting the new oversight board.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032