Your guide to Proposition 2: Lets leaders fatten 'rainy day' fund instead of taxpayer rebates

Los Angeles Times - Oct 1, 2026

Prop 2 guide: California Democrats want to change the state constitution to allow them to deposit more money into budget reserves, creating another option to avoid giving excess revenue back to taxpayers.

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Your guide to Proposition 2: Lets leaders fatten 'rainy day' fund instead of taxpayer rebates

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Your guide to Proposition 2: Lets leaders fatten 'rainy day' fund instead of taxpayer rebates

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Your guide to Proposition 3: Making a high-income tax extension permanent

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