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Will Californians Vote to Save More Tax Revenue in Rainy Day Fund?

This story was originally published by CalMatters. Sign up for their newsletters. California’s booming stock market is bringing in billions of dollars in unexpected tax revenue. Proposition 2, or the Save for California’s Future Act, aims to shore up the state’s rainy day fund by allowing state leaders to save up to 20% of the […]

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Cal Matters

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Will Californians vote to save more tax revenue in rainy day fund?

California’s Prop. 2 would allow state leaders to double the state’s savings and require them to save more when revenue is growing faster.

3 hours ago·Sacramento, United States

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Mustang News

Proposition 2 would double the California Rainy Day Fund cap

Proposition 2 would allow California to increase its rainy day fund cap from 10% to 20% of general fund tax revenue while authorizing funds to address the state's $20 billion federal unemployment insurance debt.

24 hours ago

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Mustang News broke the news 24 hours ago on Monday, November 2, 2026.

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Will Californians Vote to Save More Tax Revenue in Rainy Day Fund?

9 Articles

9 Articles

Will Californians vote to save more tax revenue in rainy day fund?

Proposition 2 would double the California Rainy Day Fund cap

Coverage Details

Bias Distribution

Factuality

Ownership

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Will Californians Vote to Save More Tax Revenue in Rainy Day Fund?

9 Articles

9 Articles

Will Californians vote to save more tax revenue in rainy day fund?

Proposition 2 would double the California Rainy Day Fund cap

Coverage Details

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