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

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

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - The measure ’s changes could affect counties ’ costs to do so. 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.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

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

Elections and the initiative process. [Ballot]

Mar 23, 2026 - Fiscal Effects Proposed Tax Would Generate State Revenues Each Year … We estimate that an income tax surcharge of 5  percent on income above $10  million would raise several billion dollars each year for the specific purposes outlined in the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-001

Ethnic studies course at the California State University. [Ballot]

May 15, 2025 - File No. 2 5-0003). Background CSU Is a Public University System in California. CSU provides undergraduate and graduate education with a focus on academic degrees through the master ’s level. Its 23 campuses enroll approximately 460,000 students.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-003

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

Insurance regulation. [Ballot]

Sep 30, 2025 - To do so, an insurer submits a request to CDI. The request includes information showing the insurer needs the rate increase to stay in business. CDI reviews this information and evaluates the request in a public process.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-012

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

Oct 20, 2025 - In a weak year, the measure might bring in aroun d $5  billion in revenue. In a strong year, the measure might bring in $15  billion in annual revenue. In most years, revenue brought in by the measure would be in between these amounts.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

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

Jan 27, 2026 - Nonresidents pay about 5  percent of all state income taxes. Determining Residency. The state does not have a single rule for determining whether a taxpayer is a resident or nonresident for tax purposes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039