The applicability of tax increases to the state’s constitutional requirements. [Ballot]

Jan 27, 2026 - Nearly all of the General Fund ’s revenues are taxes. Some funds, like special funds, are also funded with taxes. Most others are funded with other types of charges, largely fees. Fees are charges to provide specific services or products.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-038

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

Jan 27, 2026 - Background California Residents Pay Tax on All Their Income. 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.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039

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

Jan 20, 2026 - For example, it is unclear if all of its provisions would be allowed under the state or U.S. Constitutions. Our estimate below assumes that all of its provision would go into effect. Increased State Costs for New Oversight and Enforcement.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

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

Jan 27, 2026 - Personal property is all the things that people own other than real estate. For example, the state taxes owners of cars and trucks. Similarly, local governments tax owner s of boats and business equipment.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

State enforcement of the 22nd Amendment to the U.S. Constitution. [Ballot]

Dec 19, 2025 - Presidents elected since ratification of the 22 nd Amendment in 1951 have all served two or fewer terms. Because there is little case law related to the 22 nd Amendment, it is unclear how the courts would interpret it.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-030

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - California billionaires, like all those earning money in the state, currently pay state taxes on their annual income. How billionaires respond to a new wealth tax could indirectly reduce their income tax payments.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

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

Dec 12, 2025 - Some or all of these costs would be offset by regulatory fees or civil penalty revenue won by DOJ. Increased Education Costs for the State and Public Schools. The measure would increase state costs for the IQC to update certain curriculum frameworks every three years.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025

Property tax rules for inherited property. [Ballot]

Oct 22, 2025 - Expands Special Rules to All Inherited Properties. The measure makes all types of inherited properties eligible for the special rules that prevent property tax increases. The special rules for vacation homes and most business prop erties would only apply to the first $1  million of combined property value as was the case prior to Proposition  19.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-017

Immunology and immunotherapy. [Ballot]

Dec 17, 2025 - Many projects do not advance through all stages, as they may fail to meet safety, efficacy, or other regulatory standards along the way. Private and Public Sources Fund U.S. Medical R &D. Approximately 65 percent of medical R &D funding in the United States comes from private industry.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-026

Rideshare companies. [Ballot]

Dec 17, 2025 - While current law requires rideshare companies to conduct background checks on their drivers before hiring —and annually for all active drivers —it does not require that they undergo fingerprint background checks through DOJ.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-029