Special taxes. [Ballot]

Jan 27, 2026 - This could add several pages to the VIG and increase state printing and mailing costs by a few hundred thousand dollars per qualified initiative. Reimbursement Costs to State Auditor When Proposed Initiatives Fail.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - Billionaires living in California on January 1, 2026 would have to pay a one-time state tax equal to 5  percent of their net worth. The tax would be due in 2027. Taxpayers would have the option to spread the payments over five years, but would have to pay more to do so.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

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

Oct 27, 2025 - The state contributed about $5  billion, and students paid about $4  billion in tuition. In April 2024, UC had about 272,000 employees at its ten university campuses, research centers, and other sites.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

California’s relationship with the United States of America. [Ballot]

Sep 30, 2025 - These costs could be in the millions of dollars on a one-time basis. Cost of New State Commission. The measure would also involve added state costs on a one-time basis for the Secretary of State to collect applications, ensure candidates meet the criteria for selection, and rand omly select members.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-010

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

Proposition 50 [Ballot]

Nov 4, 2025 - The Commission includes 14 members: 5 Democratic members, 5 Republican members, and 4 members who are not registered with either of those political parties. When the Commission draws new congressional district maps, it must follow federal and state laws.
https://lao.ca.gov/BallotAnalysis/Proposition?number=50&year=2025

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - 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. We estimate that this measure would have the following major fiscal effects: Many homeowners ages 60 or older would pay lower property taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

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

Oct 20, 2025 - We estimate the measure would have the following major fiscal effects: Maintains $5  billion to $15  billion of annual state income taxes (in today ’s dollars) by making a tax on high income earners permanent instead of letting it expire in 2031.  
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

Statutory initiative that would establish a statewide vote to express the intent of California voters to seek independence from the United States of America. [Ballot]

Jan 8, 2025 - These costs could be in the millions of dollars on a one-time basis. Cost of New State Commission. The measure would also involve added state costs on a one-time basis for the Secretary of State to collect applications, ensure candidates meet the criteria for selection, and rand omly select members.
https://lao.ca.gov/BallotAnalysis/Initiative/2024-001

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

Jan 20, 2026 - These costs would vary from year-to-year, but would likely range from the millions of dollars to the tens of millions of dollars annually —but could reach into the low hundreds of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032