California Higher Local Tax Vote Threshold Proposition

Proposition 43 is a California ballot measure currently scheduled for voting on November 3, 2026. It would raise the threshold for citizen-driven special tax ballot initiatives to pass from a simple majority to two-thirds, making it harder to impose or increase taxes. This market will resolve to “Yes” if the specified ballot measure is approved by a majority of voters at the California statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “N