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Description
California Tax Spend Audit Proposition is on the statewide ballot for November 3, 2026. It would audit new tax spending and ban new taxes from being exempt from the state spending cap, offsetting Proposition 40’s wealth tax. Yes resolves if a majority votes affirm at the November 3, 2026 general election; No otherwise. If the measure does not appear on the ballot or results are not definitively known by March 31, 2027, the market resolves to No. Settlement relies on a consensus of credible reporting, or official California information from the Secretary of State when needed.
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Markets
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| California Tax Spend Audit Proposition | — | — | — | — | — | — |
Rules
Proposition 41 is a California ballot measure currently scheduled for voting on November 3, 2026. It would audit new tax spending and ban new taxes from being exempt from the state spending cap, which would offset the proposed wealth tax in Proposition 40. 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/).