November 3, 2026 general election
California Proposition 3; what a yes or no vote means.
Makes permanent tax rates first approved in 2012 for high-income earners instead of allowing them to expire in 2031; revenue continues to support public education.

Bottom line
What Proposition 3 does
Makes permanent tax rates first approved in 2012 for high-income earners instead of allowing them to expire in 2031; revenue continues to support public education.
The measure is a initiative constitutional amendment placed on the ballot by petition signatures. Its official title is “Provides Permanent Funding for Schools and Health Care by Extending Existing Tax on High Incomes.”
A yes vote
Yes means
The existing income-tax increase on high-income earners would become permanent.
A no vote
No means
The existing income-tax increase would expire in 2031 under current law.
State estimate
What it could cost
Maintains an estimated $5 billion to $15 billion in annual state income-tax revenue.
That is the fiscal effect summarized from the state voter guide. Estimates describe likely government effects; they are not a promise of an exact future result.
Primary record
Read the complete state analysis
This explainer is a starting point. The Secretary of State’s guide carries the impartial analysis, fiscal estimate, arguments for and against the measure, rebuttals and proposed law. Read that record before making a decision.
Open the official Proposition 3 guide