Description
California Rainy Day Fund Proposition is the November 3, 2026 ballot measure in California. It would raise the annual transfer cap to the rainy day fund from 10% to up to 20% of general fund tax revenue. A majority vote in the November 3, 2026 statewide election resolves Yes if approved; if not, No. If no ballot measure voting occurs or results remain unclear by March 31, 2027, the market resolves No. Settlement relies on a consensus of credible reporting or definitive state sources, notably the California Secretary of State.
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Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| California Rainy Day Fund Proposition | — | — | — | — | — | — |
Rules
Proposition 2 is a California ballot measure currently scheduled for voting on November 3, 2026. It would allow the state to deposit up to 20% of its general fund tax revenue into its rainy day fund each year, instead of the current 10%. 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 “No.” If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).