SR 25/26-071 finance

Resolution in Support of The California Billionaire Tax

Sponsored by
Introduced
Mar 3, 2026
Referred
Executive Committee
Mar 3, 2026
Consent Calendar
Mar 11, 2026
Passed
Mar 11, 2026
Final Vote
Yes 19
Colton BeardsleyMargaret SolomonSydnee ThyJada YangSomer AlraiAbdullah MemonSara TeránRayne XueShawn CaninSelina MendezNicole Nunez RiveraAyden ReadingBella SantosAnamaria AbnusySydney ScottLucia StankovicAbigail ChoTalia GolshaniReg Macarro
Absent 2
Joshua De MiguelKianna Rodarte
Passed, 19 in favor. De Miguel and Rodarte were absent.

The ASUC strongly supports a one-time, 5% emergency tax on California billionaires to address a looming healthcare crisis and protect essential services. This measure is projected to raise $100 billion, replacing lost federal healthcare funding and safeguarding access to affordable healthcare, quality education, and basic food assistance for students and families across California. It emphasizes the importance of public investment for student wellbeing and economic stability.