Billionaire gubernatorial candidate Tom Steyer has signaled support for a referendum to reverse parts of Prop 13. Steyer has not solidified any plans, but early reports are that he’s supportive of a ...

Every so often, a familiar complaint bubbles up: “Why does my neighbor pay a few thousand dollars a year in property taxes while mine is in the tens of thousands?” It sounds unfair at first blush. But ...

Ricky Saldana, a 29-year-old trader based in New York, first heard murmurings about prop trading in 2021. A contact let him in on what, at the time, felt like a gatekept secret: If he paid a prop firm ...

California Proposition 50 will pass, ABC News projects based upon analysis of the exit polls. Prop 50 will temporarily change the boundaries of several congressional districts for the 2026, 2028 and ...

California Proposition 50 will pass, ABC News projects based upon analysis of the exit polls. Prop. 50 put the power of California's Congressional district lines in the hands of voters. Republicans ...

California voters on Nov. 4 passed Proposition 50, a constitutional amendment that allows a redrawing of the state's congressional district boundaries, a major win for Democrats. The measure, which ...

California voters have approved Proposition 50, based on early election results, meaning newly drawn congressional district maps will be used for several years as part of Gov. Gavin Newsom’s strategy ...

This story has been updated to reflect the reported number of ballots left to count according to the Secretary of State’s Office as of Thursday evening. With about 75% of ballots counted, California ...

California Gov. Gavin Newsom looks on during a bill signing event related to redrawing the state’s congressional maps on August 21, 2025 in Sacramento, California (Credit: Justin Sullivan/Getty Images ...

California voters have one big ballot measure to consider this year. Here's what you need to know about Proposition 50 and how it would impact the state. What is Proposition 50? If passed, it would ...