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California Billionaire Tax Qualifies for November Ballot

California Billionaire Tax Qualifies for November Ballot

Last updated: June 22, 2026 3:48 am
By Dylan Morgan
1 Min Read
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California Billionaire Tax Qualifies for November Ballot

An “I Voted” sign points to a Vote Center in Los Angeles on June 1, 2026. Mario Tama/Getty Images

California’s billionaire tax proposal has garnered enough signatures to become eligible for the general election ballot on Nov. 3, Secretary of State Shirley N. Weber announced June 17.

Weber said the initiative gained 962,000 required projected signatures, calculated through random sampling, 110 percent of the approximately 875,000 valid signatures needed by June 24. She said she will certify the initiative as qualified on June 25.

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TAGGED:BusinessCaliforniaEconomyNorthern CaliforniaPolicies & ImpactsRegional & State NewsSouthern CaliforniaState NewsUSUS News
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