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

Jan 20, 2026 - To fund its operations, the measure authorizes the commission to levy annual assessments on public benefit AI companies equal to 1 to 2 percent of their California gross revenue. Allows New Civil and Criminal Penalties and Private Enforcement.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

Special taxes. [Ballot]

Jan 27, 2026 - Net costs or savings resulting from the measure would depend on (1) how many special tax initiatives qualify for a one-time audit but are not approved by voters, (2) the number of pages that are added to the Voter Information Guide each election cycle, and (3) the level of savings that are identified and implemented as a result of the audits.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - Each year after that, the property ’s taxable value is adjusted for inflation by up to 2  percent. When a property changes ownership again, its taxable value is reset to its new purchase price. Property Tax Bills May Include Other Charges.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

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

Jan 20, 2026 - The measure could also increase workload and costs for the Department of Justice and the courts, including enforcement of civil penalties, defense of commission action s, and private civil actions authorized by the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

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

Jan 27, 2026 - Nonresidents who spend more than two months in the state would owe California income tax on all income above $2  million, including income earned outside the state. The amount of new tax owed would be in proportion to the amount of time they spend in the state.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039