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POLITICSLA Times - California·5h ago

Your guide to Proposition 2: Lets leaders fatten 'rainy day' fund instead of taxpayer rebates

Photo · Jim Cooke / Los Angeles Times
AI TLDR · GEMINI

Proposition 2 would allow California leaders to increase budget reserves instead of issuing taxpayer rebates. The measure seeks to amend the state constitution to change how excess revenue is handled.

Prop 2 guide: California Democrats want to change the state constitution to allow them to deposit more money into budget reserves, creating another option to avoid giving excess revenue back to taxpayers.

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