Proposition 30 – The Schools and Local Public Safety Protection Act of 2012 – approved by the voters on November 6, 2012, temporarily increased the state’s sales tax rate for all taxpayers and the personal income tax rates for upper-income taxpayers. A portion of the new revenues is earmarked to support increased school funding, with the remainder helping to balance the state budget.
The new revenues generated from Proposition 30 are deposited into a newly created ledger account called the Education Protection Account (EPA). Proposition 30 requires that the use of EPA funds be determined by the governing board at an open public meeting. EPA funds may not be used for administrative costs.