Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - Homeowners who receive the exem ption would still pay other property-related taxes and charges that are not based on the taxable value of their property. Fiscal Effects Reduced Property Tax Revenue for Schools and Other Local Governments.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

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

Jan 20, 2026 - This penalty would be the greater of either the fair market value of all the entity ’s assets or an amount specified in the conversion agreement.     Creates New State Fund. The measure requires fee and penalty revenues be deposited into a new state fund —the California Charitable Trust Protection Fund.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032