Proposition 30 requires taxpayers with incomes above $2 million each year (annually) to pay an additional tax of 1.75 percent on the share of their income above $2 million. This additional tax would begin January 2023 and end by January 2043. The tax could end earlier if California is able to drop its statewide greenhouse gas emissions below certain levels before then.
The money from this tax would be put into a special fund that is separate from the General Fund. Proposition 30 requires that approximately eighty percent (80%) of the revenue from the new tax go to increasing funding for Zero Electric Vehicle (or ZEVs) programs to help households, businesses, and governmental agencies and rideshare companies to buy new ZEVs and install fueling infrastructure, such as charging stations for electric cars. The remaining twenty percent (20%) of the revenue would go towards funding wildfire prevention and response activities. The money would go to several state agencies to manage the programs and activities.
This measure was put on the ballot by petition signatures.
For a full discussion see the California Legislative Analyst’s Office analysis in the Official Voter Information Guide or on the LAO website.
- Increased State Tax Revenues From New Tax for ZEV Programs and Wildfire Activities.
- Potential State and Local Effects From Increased ZEV Spending.
- Potential Decreased State and Local Costs for Wildfire Response and Recovery
- Decreased State Revenue for Other Activities
- Potential Reductions to Other State Programs to Comply With State Spending Limit.
What your vote means
According to the California State Legislative Analyst’s office:
A YES vote on this measure means: Taxpayers would pay an additional tax of 1.75 percent on personal income above $2 million annually. The revenue collected from this additional tax would support zero-emission vehicle programs and wildfire response and prevention activities.
A NO vote on this measure means: No change would be made to taxes on personal income above $2 million annually.
Official Voter Information
- California Secretary of State, Quick Reference Guide Prop. 30
- California Secretary of State, Official Voter Information Guide
- California Legislative Analyst's Office, Proposition 30
- California Secretary of State, Cal-Access: Campaign contributions
- California Fair Political Practices Commission, November 2022 General Election Top Contributors to State Ballot Propositions
- PPIC Statewide Survey: Californians and Their Government, October 2022
- PPIC Statewide Survey: Californians and Their Government, September 2022
- PPIC Statewide Survey: Californians and the Environment, July 2022
- USC Schwarzenegger Institute – USC Price California Issues Poll Fall 2022 General Election Poll, November 4, 2022, pp. 15-16, 53.
- Berkeley IGS Poll, November 4, 2022