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

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

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

Jan 20, 2026 - The measure establishes the California AI Safety Commission as a new independent state entity with authority to regulate “frontier AI companies. ” These companies are defined as entities that conduct substantial AI research and development activities in California; meet specified scale thresholds related to factors such as valuation, capital raised, or expenditures; and develop or maintain
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

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

Jan 20, 2026 - Additionally, the measure requires any transfer or waiver of a nonprofit charity ’s control over the for-profit entity that fully or partially receives its assets be approved by the trial courts. Allows For Various Fees to Be Charged to Support New Oversight Board.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032