Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - When a property changes ownership again, its taxable value is reset to its new purchase price. Property Tax Bills May Include Other Charges. Local governments may charge additional taxes and charges on property tax bills.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - New taxes on the ownership of financial assets or other personal property would not be allowed. Limits Retroactive Taxes. The measure limits the situations in which a ballot measure or the Legislature can raise a tax retroactively.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

Elections and the initiative process. [Ballot]

Mar 23, 2026 - Of this new revenue each year, (1) $40  million would be transferred to the state General Fund; (2)  of the remaining amount, hundreds of millions of dollars would pay for county and state elections administration costs; and (3)  all of the remaining billions of dollars would be used to supplement compensation earned by specified state and local government employees for their work related to the citizen initiative process.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-001

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

Jan 20, 2026 - In particular, the measure applies to nonprofit charities engaged in research or technology creation that change their legal form (such as partially or fully becoming for-profit entities) or transfer significant assets to another entity.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032