Our Campaigns - CA Proprosition 30: Tax on Income Above $2 Million for Zero-Emissions Vehicles and Wildfire Prevention Initiative Race

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CA Proprosition 30: Tax on Income Above $2 Million for Zero-Emissions Vehicles and Wildfire Prevention Initiative

RACE DETAILS

Parents

> United States > California > Propositions > 2022 Referendums > Prop 30: Tax on Income Above $2 Million

Office

Referendum

Honorific

Referendum - Abbr:

Type

Referendum

Filing Deadline

May 01, 2022 - 12:00am Central

Polls Open

November 08, 2022 - 09:00am Central

Polls Close

November 08, 2022 - 10:00pm Central

Term Start

November 09, 2022 - 12:00pm

Term End

December 31, 9999 - 11:55pm

Contributor

Mr. Matt

Last Modified

RBH December 17, 2022 01:20pm

Data Sources

[Link]

Description

Provides Funding for Programs to Reduce Greenhouse Gas Emissions by Increasing Tax on Personal Income Over $2 Million. Initiative Statute.

Increases tax on personal income over $2 million by 1.75% for individuals and married couples and allocates new tax revenues as follows: (1) 45% for rebates and other incentives for zero-emission vehicle purchases and 35% for charging stations for zero-emission vehicles, with at least half of this funding directed to low-income households and communities; and (2) 20% for wildfire prevention and suppression programs, with priority given to hiring and training firefighters. Requires audits of programs and expenditures.

[Link]