Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - In the year a new owner takes over a property, its taxable value typically is its purchase price. Each year after that, the property ’s taxable value is adjusted for inflation by up to 2  percent. When a property changes ownership again, its taxable value is reset to its new purchase price.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

Home building and downpayment assistance. [Ballot]

Oct 6, 2025 - (Annual adjustments to the purchase-price limit would be based on a federal methodology reflecting national average home prices.) Housing Developers. The measure does not limit the type of developer that is involved in the construction of homes that can be purchased with a middle-class homeownership loan.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-013

Property tax rules for inherited property. [Ballot]

Oct 22, 2025 - In the year a new owner takes over a property, its taxable value typically is its purchase price. Each year after that, the property ’s taxable value is adjusted for inflation by up to 2  percent. When a property changes ownership again, its taxable value is reset to its new purchase price.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-017

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

Oct 27, 2025 - The loans generally cover 90  percent of the home purchase price, with the borrower making a down payment of 10  percent (rather than the more typical 20  percent). The loans generally have below-market interest rates.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

Proposition 32 [Ballot]

Nov 5, 2024 - Likely Higher Prices. Higher wages would increase costs for many businesses. Some businesses likely would charge customers higher prices. The overall price increase from Proposition 32 likely would be smaller than one-half of 1  percent.
https://lao.ca.gov/BallotAnalysis/Proposition?number=32&year=2024

Medi-Cal Rx program and revenues from federal drug price discounts. [Ballot]

Oct 19, 2023 - This approach is called “Medi-Cal Rx. ” Manufacturers Provide Drugs at Discounted Prices to Health Care Providers Under Federal Program. Drug manufacturers provide certain health care providers drugs at discounted prices under a federal program known as the “340B drug price discount program. ” Drug manufacturers are required to provide drugs at these discounted prices as a condition of participating in Medicaid.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-021

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - Also, much of the wealth is based on stock prices, which are always changing. 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.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

Insurance regulation. [Ballot]

Nov 10, 2025 - These laws also try to stop insurers from charging much higher prices than needed for them to stay in business. Several major parts of these laws were put in place by voters with the passage of P roposition  103 in 1988.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-020

Insurance regulation. [Ballot]

Sep 30, 2025 - These laws also try to stop insurers from charging much higher prices than needed for them to stay in business. Several major parts of these laws were put in place by voters with the passage of Proposition 103 in 19 88.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-012

Minimum wage. [Ballot]

Jan 24, 2022 - Likely Higher Prices. The wage increases described above would increase costs for many businesses. These businesses likely would raise the prices they charge for the things they sell. Likely Lower Profits.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-043