2026 MIDTERM ELECTIONS | TUESDAY, NOVEMBER 3

California · Ballot measure · November 3, 2026

Proposition 2

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Statewide measures only. County, city, school-district and other local measures are not included, so this is not a complete personal ballot.

Increases State’s Rainy Day Fund.

Legislative constitutional amendment · California (statewide) · Verified from official source

Official ballot information

From the California official election authority. Last verified 2026-10-17.

Official summary
Increases California's Rainy Day Fund, approved by voters in 2014, to provide funding for education, health care, public safety, and other essential services during economic downturns.
A YES vote means
Rules for building state budget reserves and paying down extra state debts would change. As a result, state budget reserves would be higher. The state also would be required to make extra debt payments for longer.
A NO vote means
Rules for building state budget reserves and paying down extra state debts would not change.
Fiscal impact
State budget reserves would be higher.
Official links
Official voter guide page
Full text of proposed law (PDF)
Legislative analyst's analysis

Ballot arguments

Short argument summaries printed in the official guide. They are submitted by the measure's proponents or opponents and are advocacy, not official findings.

In favor

Vote yes on Proposition 2 to protect schools, healthcare, and public safety funding. Proposition 2 doubles the state's Rainy Day Fund, stops politicians from overspending when there is a budget surplus, and ensures education funding continues during economic downturns. It has bipartisan support from firefighters, hospitals, health clinics, and educators.

Argument summary submitted by proponents, as printed in the Official Voter Information Guide. Source

Against

Proposition 2 guarantees more spending, not savings, creating a loophole that makes taxpayer rebates less likely by excluding reserve deposits from California's constitutional spending limit. It provides no new funding for education, healthcare, or public safety. Vote No to protect taxpayer rebates and constitutional limits.

Argument summary submitted by opponents, as printed in the Official Voter Information Guide. Source

Official party recommendations

Democratic Party

Support

California Democratic Party (state level)

Official party source
Last checked 2026-10-17.

Republican Party

Oppose

California Republican Party (state level)

Official party source
Published 2026-04-29. Last checked 2026-10-17.

Official party recommendations are shown for information only. They are not the same as official ballot information, and Vote America does not endorse any measure or party.

Sources

Imported 2026-10-17T23:07:36Z. Provider: ca_sos.