What This Law Would Do

In a nutshell, the law will freeze tuition for 5 years for resident undergraduate students in University of California (UC) and California State University (CSU). Thereafter, the law will prevent any future tuition increases from exceeding the inflation index.

The law will raise new revenue specifically for the cost of educating UC and CSU student through a 1% tax on millionaires' income over $1 million.

The law sets up an accountability process requiring UC and CSU administrators to report to a citizens panel of students and parents how the new revenue is being spent.

Click here to download the official text of the initiative.