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

Rideshare companies. [Ballot]

Dec 17, 2025 - For example, the same report noted that the two largest rideshare companies —which make up the majority of the industry —disclosed 27,000 collisions and 20,000 assault or harassment incidents to CPUC over the same time period.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-028

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

Jan 20, 2026 - 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. If such changes affect company profits or employment levels in California, it would affect state and local tax revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

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

Jan 20, 2026 - 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. If such changes affect company profits or employment levels in California, it would affect state and local tax revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

Artificial intelligence (AI) and child safety. [Ballot]

Dec 12, 2025 - AI refers broadly to technologies that enable 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/2025-025

Rideshare companies. [Ballot]

Dec 17, 2025 - For example, the same report noted that the two largest rideshare companies —which make up the majority of the industry —disclosed 20,000 assault or harassment incidents to CPUC over the same period.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-029

Contracting with attorneys. [Ballot]

Dec 17, 2025 - However, it is possible that there could be future fiscal impacts on state and local governments as a result of the limit on making changes to people ’s ability to contract with attorneys. The impact of this is unknown.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-027

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

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

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