EXEMPTS RESIDENTS WHO HAVE NO DEPENDENT ENROLLED IN PUBLIC EDUCATION FROM TAXES, FEES, AND OTHER CHARGES FOR PUBLIC EDUCATION. INITIATIVE CONSTITUTIONAL AMENDMENT.

Exempts California residents who have no dependent enrolled in California’s public kindergarten schools, public elementary schools, public secondary schools, community colleges, or state universities from paying taxes, fees, and other charges to fund such public institutions or specified public education expenses. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: Potential reduction of state and local taxes and fees totaling in the low tens of billions of dollars per year. The state and local governments potentially could have to take actions to bring their budgets into balance—by reducing spending and/or raising other taxes or fees