Proposition 3 — permanent high-income tax

What a YES vote does

YES keeps the existing higher income-tax rates on high earners after their scheduled end in 2031.

Official vote explanation, November 2026 edition; publication day unstated; retrieved 2026-10-05.

What a NO vote does

NO leaves those higher tax rates scheduled to end after 2030.

Official vote explanation, November 2026 edition; publication day unstated; retrieved 2026-10-05.

Cost and money

The official analysis estimates continued state revenue of $5 billion–$15 billion annually beginning in 2031, varying with high earners' income and the economy.

Official fiscal analysis, November 2026 edition; publication day unstated; retrieved 2026-10-05.

Who put it on the ballot

Initiative petition; certified June 25, 2026.

Official qualified list, undated, retrieved 2026-10-05; Secretary Shirley Weber's certification release, 2026-06-25. Weber is the certifying official, not the measure's sponsor. June 25 is certification, not a claim that every legislative vote occurred that day.

A rule that matters

The measure makes the 2012 high-income tax rates permanent.

It does not immediately impose a different tax rate.

Official analysis and law, November 2026 edition; publication day unstated; retrieved 2026-10-05.

Who is paying

SOS daily chart: Yes $49,101,648.00; No $5,500.00. Quick Guide, undated daily snapshot retrieved 2026-10-05. The chart applies election-cycle/allied-transfer adjustments. Committee exports below use their own records and may include later receipts, shared campaigns, intermediary money and nonmonetary support. Differences remain unreconciled; do not add them or treat the chart as a committee balance.

Yes: Yes on Prop 3 to Protect Public Education, Health Care and Budget Stability, sponsored by education and labor organizations, #1483562

$48,958,367.36 in captured itemized receipts. Periodic records through 2026-09-18: $43,284,890.47; added later receipts: $5,673,476.89. Cal-Access filer #1483562, late receipts, retrieved 2026-10-05.

Captured periodic export; captured late export. Aliases combine only where a contributor ID matches; negative adjustments remain negative. Named affiliated groups may appear separately.

Yes: Communities for an Affordable California, Yes on 3, No on 39 and 43 Sponsored by Million Voters Project Action Fund, #1496598

$1,090,000.00 in captured itemized receipts. Periodic records through 2026-09-16: $200,000.00; added later receipts: $890,000.00. Cal-Access filer #1496598, late receipts, retrieved 2026-10-05.

Only 3 positive donor identities appear in the captured itemized records; no extra names invented.

Shared committee: these are committee-wide receipts across propositions 3, 39, 43. They are not allocated to this proposition, and must not be added again across measure pages.

Captured periodic export; captured late export. Aliases combine only where a contributor ID matches; negative adjustments remain negative. Named affiliated groups may appear separately.

No: No on Proposition 3, sponsored by California Taxpayers Association

$5,500.00 in captured itemized receipts. Periodic records through 2026-09-16: $5,500.00; added later receipts: $0.00. Cal-Access filer #1492860, late receipts, retrieved 2026-10-05.

Only 2 positive donor identities appear in the captured itemized records; no extra names invented.

Captured periodic export; captured late export. Aliases combine only where a contributor ID matches; negative adjustments remain negative. Named affiliated groups may appear separately.

Why: who benefits

Schools and health programs can retain revenue; affected high earners would forgo the scheduled tax cut.

Education and labor funders have an institutional stake in those services and jobs. A stake in public budgets does not establish unlawful influence.

Official law and analysis, November 2026 edition; publication day unstated; retrieved 2026-10-05; committee/interest declarations and dated receipts above. Endorsement claims are identified as claims in the official arguments. The published arguments are the signers' opinions, not agency-verified findings.

Existing database, checked 2026-10-05: Secretary of State organization #15343; Shirley Weber politician #100 (certification role only). Funder rows above link the recorded find and resolve results, including exact entity IDs. Near matches were not merged; profiles and prior evidence are leads, not proof about this measure. Lookup custody.

Our view — opinion

What remains unknown

Money received after the captured filings, unfiled late receipts, unitemized donor detail, ultimate sources behind intermediaries, and a full reconciliation between SOS adjusted totals and gross committee receipts remain unknown. Donor rankings aggregate captured receipts within a committee; they do not rank ultimate wealth owners. Loans are identified separately where available.