https://www.reformcalifornia.org/news/save-prop-13-qualifies-for-november-ballot

Resolution criteria

This market will resolve to YES if the ballot measure officially referred to as the "Local Taxpayer Protection Act to Save Proposition 13" (or commonly referred to as the "Save Prop 13" initiative) receives a majority of "YES" votes from California voters in the November 3, 2026, statewide general election. It will resolve to NO if it fails to receive a majority of votes or if the measure is removed from the ballot by court order or other legal action prior to the election.

The official outcome will be determined by the certified results published by the California Secretary of State.

Background

Proposition 13, passed by California voters in 1978, caps property tax rates at 1% of the assessed value and limits annual assessment increases to a maximum of 2%, with reassessment generally occurring only upon a change in ownership.

The "Local Taxpayer Protection Act to Save Proposition 13" initiative seeks to amend the California Constitution to restrict the ability of local governments to raise taxes. Proponents, including the Howard Jarvis Taxpayers Association and Reform California, argue that courts have created "loopholes" following the 2017 California Supreme Court decision in California Cannabis Coalition v. City of Upland, which allegedly undermined the two-thirds voter approval requirement for special taxes. Opponents, including organizations like Evolve California, argue that the initiative would severely restrict funding for schools and essential local public services.

As of April 2026, the measure has officially qualified for the November 3, 2026, general election ballot after securing the required number of verified signatures.

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I plan to update this title with the prop number once it is released.