California Proposition 40: Imposes One-Time Tax on Certain Taxpayers
On the November 3, 2026 ballot. Ask the guide what a yes vote and a no vote would each do, in the official wording.
The question on the ballot
Imposes 5% tax on certain taxpayers with assets over $1 billion; revenue primarily for health care. Exempts revenues from constitutional requirements for school funding and spending limit.
Where, when and how to vote
The guide doesn't answer these. The current, official answers are with California Secretary of State.
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