Latimes iconLatimesOct 1, 2026

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

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.

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

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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.

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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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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