{"code":"CONS","codeName":"California Constitution","section":"ART XIII SEC 26","citation":"Cal. Const., art. XIII, § 26","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"ARTICLE XIII TAXATION [SEC. 1. - SEC. 36.]","url":"https://blackletter.si/constitution/article-13"}],"history":"Sec. 26 amended June 7, 1994, by Prop. 176. Res.Ch. 67, 1993.","effective":null,"html":"<p>(a) Taxes on or measured by income may be imposed on persons, corporations, or other entities as prescribed by law.</p><p>(b) Interest on bonds issued by the State or a local government in the State is exempt from taxes on income.</p><p>(c) Income of a nonprofit educational institution of collegiate grade within the State of California is exempt from taxes on or measured by income if both of the following conditions are met: </p><p>(1) The income is not unrelated business income as defined by the Legislature.</p><p>(2) The income is used exclusively for educational purposes.</p><p>(d) A nonprofit organization that is exempted from taxation by Chapter 4 (commencing with Section 23701) of Part 11 of Division 2 of the Revenue and Taxation Code or Subchapter F (commencing with Section 501) of Chapter 1 of Subtitle A of the Internal Revenue Code of 1986, or the successor of either, is exempt from any business license tax or fee measured by income or gross receipts that is levied by a county or city, whether charter or general law, a city and county, a school district, a special district, or any other local agency. </p>","text":"(a) Taxes on or measured by income may be imposed on persons, corporations, or other entities as prescribed by law. (b) Interest on bonds issued by the State or a local government in the State is exempt from taxes on income. (c) Income of a nonprofit educational institution of collegiate grade within the State of California is exempt from taxes on or measured by income if both of the following conditions are met: (1) The income is not unrelated business income as defined by the Legislature. (2) The income is used exclusively for educational purposes. (d) A nonprofit organization that is exempted from taxation by Chapter 4 (commencing with Section 23701) of Part 11 of Division 2 of the Revenue and Taxation Code or Subchapter F (commencing with Section 501) of Chapter 1 of Subtitle A of the Internal Revenue Code of 1986, or the successor of either, is exempt from any business license tax or fee measured by income or gross receipts that is levied by a county or city, whether charter or general law, a city and county, a school district, a special district, or any other local agency.","otherVersions":[],"url":"https://blackletter.si/constitution/article-13/section-26","source":"California Legislative Information bulk export (pubinfo)"}