Breaking News!
Today, the California Attorney General’s Office issued the official title and summary for Initiative 25-0016.
The measure would permanently extend Proposition 55 (2016), which is set to expire in 2031, and impose increased income tax rates on high-income earners.
Proponents now have 180 days to collect the 874,641 valid signatures required to qualify the constitutional amendment for the November 3, 2026, General Election Ballot.
More breaking news and updates to follow – stay tuned!
Tom Ross | President and CEO | Swing Strategies
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In case you missed it, here’s our full summary of statewide ballot initiatives as they move through the process. And if you’re curious about what’s coming up on the horizon over the next couple of months, check out our political calendar here. Lastly, for Tom Ross’ Happening In California newsletter, sign up here.