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

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - The measure ’s changes could affect counties ’ costs to do so. The net effect on county administrative costs is unclear but likely would not exceed the low tens of millions of dollars annually. Summary of Fiscal Effects.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

Elections and the initiative process. [Ballot]

Mar 23, 2026 - Fiscal Effects Proposed Tax Would Generate State Revenues Each Year … We estimate that an income tax surcharge of 5  percent on income above $10  million would raise several billion dollars each year for the specific purposes outlined in the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-001

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

Jan 27, 2026 - Nonresidents pay about 5  percent of all state income taxes. Determining Residency. The state does not have a single rule for determining whether a taxpayer is a resident or nonresident for tax purposes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039