Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - How Is a Property Tax Bill Calculated? Each annual property tax bill is equal to the taxable value of the property multiplied by the property tax rate. The typical property tax rate is 1.1  percent. In the year a new owner takes over a property, its taxable value typically is its purchase price.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

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

Jan 20, 2026 - The total increase would depend on how people respond to this measure. This includes the specific activities the new board chooses to engage in, what activities cove red entities choose to engage in (such as how often they make large asset transfers), and how often members of the public file cases in court.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

Temporary tax increases. [Ballot]

Jan 27, 2026 - The measure would make short-term tax measures harder to pass. This has a chance of reducing future state revenues. When and by how much future revenues would be reduced is unclear . Summary of Major Fiscal Effects.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-037

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

Jan 27, 2026 - This could make it somewhat harder for them to raise taxes. This could reduce f uture tax revenues. When and by how much future revenues would be reduced is unclear. Summary of Major Fiscal Effects. This measure would have the following major fiscal effects: Possibility that tax revenues will be lower in the future.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

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

Jan 20, 2026 - This measure could impact state and local tax revenues by influencing how AI companies operate in California. For example, California-based companies could make changes to their r esearch, development, or investment decisions in response to the measure ’s oversight and compliance requirements.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

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

Jan 20, 2026 - This measure could impact state and local tax revenues by influencing how AI companies operate in California. For example, California-based companies could make changes to their r esearch, development, or investment decisions in response to the measure ’s oversight and compliance requirements.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - AI refers broadly to technologies that allow computer systems to perform tasks that typically require human intelligence, such as generating content, identifying patterns, or making predictions from data.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

Special taxes. [Ballot]

Jan 27, 2026 - The measure would require these audits to (1) evaluate each program that would receive funding from the special tax contained in the proposed initiative and (2) address specific issues identified by the measure including assessing the efficiency of the program and recommending how the audited program could reduce its annual costs by 10 percent.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040