Will California’s billionaire tax take effect?

California’s 2026 billionaire tax will become legally operative If California’s 2026 billionaire tax will become legally operative after Issuance and before Jan 1, 2027, then the market resolves to Yes. For purposes of this market, California’s 2026 billionaire tax becomes legally operative only if the measure is approved by voters and is not superseded, blocked, or rendered inoperative by any higher-vote conflicting ballot measure approved at the same election. Reporting that the measure mere