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

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

Immunology and immunotherapy. [Ballot]

Dec 17, 2025 - Approximately 65 percent of medical R &D funding in the United States comes from private industry. The federal government is the next largest contributor, accounting for about 25 percent of R &D funding.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-026

Proposition 2 [Ballot]

Nov 5, 2024 - Proposition  2 also increases the state ’s share of renovation project costs from 60  percent to as much as 65  percent for these school districts. In general, the state would pay a higher share of project costs for school districts that have lower assessed property values and have a higher share of their students who are low income, English learners, or foster youth.
https://lao.ca.gov/BallotAnalysis/Proposition?number=2&year=2024

California labor law violations. [Ballot]

Nov 23, 2021 - The measure likely would increase state costs for the Labor Commissioner as a result of: Increased Wage Claims. The measure likely would increase the number of wage claims received by the Labor Commissioner because some employees who would have been plaintiffs in PAGA lawsuits might instead file wage claims.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-027

Chronic dialysis clinics. [Ballot]

Oct 14, 2021 - The annual cost of these new responsibilities likely would not exceed the low millions of dollars annually. The measure requires CDPH to adjust the annual licensing fee paid by CDCs to cover these costs.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-013

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

Jan 27, 2026 - Special funds receive dedicated revenues that must be spent on specific purposes, like on maintaining highways or for mental health services. Most State Revenues Are Taxes. Taxes are a type of revenue that can be used to support any public purpose.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-038

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - The total level of these state costs would vary year-to-year but would likely range from the millions to tens of millions of dollars annually. Other Fiscal Effects. The measure could have additional fiscal effects on state and local governments.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - Likely Ongoing Decrease in State Income Tax Revenues. 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

Tribal gaming. [Ballot]

Dec 27, 2021 - This is because a federal court previously determined that the payments required by certain tribal-state com pacts into the state ’s General Fund for use at the state ’s discretion generally were an illegal tax prohibited under federal law.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

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

Jan 27, 2026 - One major type of personal property that is not taxed is financial assets like stocks. Proposal No New Taxes on Financial Assets or Other Personal Property. New taxes on the ownership of financial assets or other personal property would not be allowed.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041