Your feedback ensures we stay focused on the facts that matter to you most—take our survey.
California Invest in California's Children Initiative (2016)
{{Expansion depth limit exceeded| name = California Invest in California's Children Initiative | election date = November 8, 2016 | state = California | year = 2016 | status = Not on the ballot | status image = | type = Initiated constitutional amendment | topic =Taxes | ballot language = }}{{Expansion depth limit exceeded}}{{Expansion depth limit exceeded}} The Invest in California's Children Initiative (#15-0070) was not put on the November 8, 2016 ballot in California as an {{Expansion depth limit exceeded}}.
The measure would have permanently implemented the temporary personal income tax increases that were enacted in 2012 for yearly incomes over $290,000. Tax revenue would be divided between education, healthcare for low-income people, and childcare and development programs.Expansion depth limit exceeded
Text of measure
Ballot title
The official ballot title was:Expansion depth limit exceeded {{Expansion depth limit exceeded|Tax to Fund Education, Healthcare, and Child Development. Initiative Constitutional Amendment.}}
Ballot summary
The official ballot summary was:Expansion depth limit exceeded {{Expansion depth limit exceeded|Permanently establishes the temporary personal income tax increases enacted in 2012 for annual earnings over $290,000, currently set to expire in 2018. Imposes new personal income tax on annual earnings over $1 million. Allocates these tax revenues 50% to K-12 education, community colleges, and universities; 40% to healthcare for low-income individuals; and 10% to childcare and child development programs. Excludes these revenues from Proposition 98 funding requirements. Establishes a reserve fund, capped at 20% of the annual revenues, for use during state budget emergencies. Requires annual audit of expenditures.}}
Full text
The full text of the measure could be found here.
Fiscal impact
Note: The fiscal impact statement for a California ballot initiative authorized for circulation is jointly prepared by the state's legislative analyst and its director of finance. The statement read:Expansion depth limit exceeded {{Expansion depth limit exceeded|Increased state revenues annually beginning in 2019—likely in the $7 billion to $15 billion range initially—with amounts varying based on stock market and economic trends. These revenues generally would be spent on education and health programs, with a small portion deposited annually to a reserve fund.}}
Path to the ballot
- See also: California signature requirements
- Cass Trinidad Gualvez, Dietmar Grellman and Barry Fadem submitted a letter requesting a title and summary on October 26, 2015.Expansion depth limit exceeded
- A title and summary were issued by California's attorney general's office on November 25, 2015.Expansion depth limit exceeded
- 585,407 valid signatures are required for qualification purposes.
- Supporters {{Expansion depth limit exceeded|start=05/23/2016 12:00am CST|before=have|after=had}} until May 23, 2016, to collect the required signatures.
{{Expansion depth limit exceeded}} {{Expansion depth limit exceeded}}
See also
{{Expansion depth limit exceeded}}
Footnotes
{{Expansion depth limit exceeded}} {{Expansion depth limit exceeded}} {{Expansion depth limit exceeded}}
