Propositions

Every California voter decides these 14. Each page has the official ballot title word for word, what a yes or no vote does, and links to the full text.

• Proposition 1: Housing bond $11.25 billion in borrowing for affordable housing and veterans' home loansmajority to pass

  Biggest change: $5.1 billion to build and fix up rental apartments; $2.1 billion to buy, fix up or preserve affordable homes and supportive housing for people who are homeless; $1.1 billion for homeownership and down-payment help; $1 billion for farmworker, tribal and student housing; $500 million for housing infrastructure; $200 million for local housing programs..

• Proposition 2: Rainy day fund Lets the state save more in its emergency reservemajority to pass

  Biggest change: Raises the rainy day fund cap from 10% to 20% of General Fund revenue and requires bigger deposits in years with high capital gains (stock-market profits)..

• Proposition 3: High-income tax extension Makes the extra income tax on the highest earners permanentmajority to pass

  Biggest change: Makes the higher income tax rates on high earners permanent instead of letting them expire..

• Proposition 4: Public campaign financing Lets state and local governments give public money to candidates' campaignsmajority to pass

  Biggest change: Repeals the ban on public funding of campaigns and sets ground rules for any program a government creates..

• Proposition 5: Recall elections Removes the replacement-candidate question from recall electionsmajority to pass

  Biggest change: Removes the second question (who should replace the official) from recall ballots; the office becomes vacant and is filled under existing vacancy rules..

• Proposition 37: Home buyer loans State-backed loans to help middle-income buyers of new homesmajority to pass

  Biggest change: Creates a "middle-class homeownership loan" of up to 17% of a new home's price, funded by up to $25 billion in revenue bonds..

• Proposition 38: Immunology research bond $8.4 billion in borrowing for immune-system medical researchmajority to pass

  Biggest change: At least $4.2 billion must go to immunology research on cancer, heart disease and Alzheimer's; no more than 2% to state administration..

• Proposition 39: Voter ID ID to vote in person, ID numbers on mail ballots, and citizenship checksmajority to pass

  Biggest change: Mail ballots would need the last four digits of a government ID number on the envelope, matched to registration records; in-person voters would show ID..

• Proposition 40: Billionaire tax One-time 5% tax on the wealth of California billionaires, mainly for health caremajority to pass

  Biggest change: One-time tax of 5% of net worth on billionaires who were California residents on Jan.

• Proposition 41: Audits of new taxes State Auditor reviews of new special taxes; new taxes count under the spending limitmajority to pass

  Biggest change: New state taxes could no longer be excluded from the state spending limit; the State Auditor would audit programs funded by new special taxes..

• Proposition 42: Ban on new property-ownership taxes Bans new state taxes on owning financial assets and other personal property, and some retroactive taxesmajority to pass

  Biggest change: Bans new taxes on owning financial assets or other personal property and limits retroactive taxes..

• Proposition 43: Two-thirds vote for local special taxes Citizen-proposed local special taxes would need two-thirds of the votemajority to pass

  Biggest change: Any new, increased or extended voter-proposed local special tax would need two-thirds approval starting Jan.

• Proposition 44: Clinic spending rule Nonprofit community clinics must spend 90% of revenue on patient servicesmajority to pass

  Biggest change: Private nonprofit safety-net clinics must spend at least 90% of annual revenue on health care services..

• Proposition 45: Environmental review changes Deadlines and narrower lawsuits for environmental review of "essential" projectsmajority to pass

  Biggest change: Covers most housing, transportation, water, health, wildfire mitigation, school building, internet access and clean energy projects; sets deadlines for agencies and lawsuits and limits the evidence courts may consider and the relief they can order..

There are 14 statewide propositions. The Legislature placed five on the ballot (Props. 1, 2, 4, 5 and 43); citizens placed nine by petition (Props. 3, 37 to 42, 44 and 45). Each passes with a simple majority of the votes cast on it, even ones that change the state constitution. Source: Secretary of State: Official Voter Information Guide, Nov. 3, 2026 (PDF) ↗.