Home building and downpayment assistance. [Ballot]

Oct 6, 2025 - The measure sets a maximum purchase price for a home financed with a middle-class homeownership loan, which in 2025 is roughly equivalent to between $1  million to $1.5  million depending on the county.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-013

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - These include informing users that they are interacting with an AI system, taking steps to reduce the risk of harmful or sexually explicit content, and maintaining protocols to respond when a user expresses sel f-harm or suicidal ideation.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - A person ’s net worth is the value of all the things they own, like stocks, businesses, or other investments, minus their debts. By this measure, California is home to a few hundred people with wealth over $1  billion, often called billionaires.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

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

Jan 20, 2026 - These costs would include compensation for commissioners and staff, hiring and retaining techni cal experts with specialized AI expertise, rulemaking activities, investigations, audits, and enforcement actions.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

Artificial intelligence (AI) and child safety. [Ballot]

Dec 12, 2025 - A companion chatbot is defined as an AI system with a natural language interface that provides adaptive, human-like social interactions and can maintain a relationship over multiple interactions. The law excludes certain chatbots, such as those used solely for customer service, business operations, video game interactions limited to game-related
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025

Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - Fiscal Effects Measure Would Bring in Between $5  Billion and $15  Billion Each Year. The amount of money brought in by this measure is hard to predict and will go up and down with the economy. This is because much of the revenue comes from taxing investment income and capital gains.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

Housing assistance program for certain University of California employees. [Ballot]

Oct 27, 2025 - Typically, UC borrows some funds from its Short-Term Investment Pool (STIP) to issue home loans. STIP holds cash from tuition, fees, state funds, and other revenues. UC places these funds in safe, short-term investments so it can generate interest until the funds are spent for university purposes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

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

Jan 20, 2026 - These costs include board member and staff compensation, technical experts, and technology system costs. This also includes costs for maintaining a list of qualified candidates that could be appointed to the board.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

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

Jan 27, 2026 - California residents pay state income taxes on all their income, including wages, investment income, and capital gains, even if the income was earned outside the state. Nonresidents Pay Tax on California-Earned Income.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039

Funding for students attending private schools. [Ballot]

Nov 2, 2023 - The state historically has obtained funding for these grants by selling bonds to investors. The state then repays the investors, with interest, from the General Fund. The state typically pays off bonds over several decades.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-026