Prop 3

Provides Permanent Finding for Schools and Health Care by Extending Existing Tax on High Incomes

initiative constitutional amendment

Official Summary

Makes permanent existing voter-approved tax rates for individuals earning over $371,000 (adjusted annually for inflation). Allocates tax revenues to public education.

Fiscal Impact: Maintains $5 billion to $15 billion of annual state income tax revenue by making a temporary tax increase on high-income earners permanent instead of letting it expire in 2031.

• Official CA Voter Guide Summary ; text of proposed law

• Legislative Analyst Office Analysis

• Show Me The Money

  • support: $46,260,006 - California Teachers Association; CA School Nurses Organization; California State PTA; Planned Parenthood Affiliates of CA

  • oppose: $5,500 - California Taxpayers Association; Family Business Association of California; California Hispanic Chambers of Commerce

• Ballotpedia Summary