Ballot measure header
PROPOSITION 040 - IMPOSES ONE-TIME TAX ON CERTAIN INDIVIDUALS AND TRUSTS. INITIATIVE CONSTITUTIONAL AMENDMENT AND STATUTE.
Panel 2 • Finance overview
Measure finance snapshot
Scope: 2025-2026 cycle
Panel 3 • Committee landscape
Support vs oppose funding groups
Expand a side when you need committee-level evidence.
| Committee | Last filed | Receipts | Trend |
|---|---|---|---|
YES ON 40 - BILLIONAIRE TAX NOW ? NO ON 41 & 42, SPONSORED BY SERVICE EMPLOYEES INTERNATIONAL UNION - UNITED HEALTHCARE WORKERS WEST | Sep 1, 2026 | $32,214,431Dated receipts + reported unitemized intervals | — |
| Committee | Last filed | Receipts | Trend |
|---|---|---|---|
NO ON PROP 40 - DOCTORS, TEACHERS, SMALL BUSINESSES, WORKING FAMILIES AND PUBLIC SAFETY AGAINST THE RECKLESS WEALTH TAX EXPERIMENT | Sep 1, 2026 | $73,721,279Dated receipts + reported unitemized intervals | — |
GOLDEN STATE PROMISE - NO ON PROP 40 | Sep 1, 2026 | $10,450,000Dated receipts + reported unitemized intervals | — |
STOP THE SQUEEZE - NO ON PROP 40 | Sep 1, 2026 | $400,000Dated receipts + reported unitemized intervals | — |
CALIFORNIANS AGAINST TAX INCREASES, SPONSORED BY THE CALIFORNIA BUSINESS ROUNDTABLE - NO ON 40 | Jun 1, 2026 | $220,000Dated receipts + reported unitemized intervals | — |