CA SB268

Requires local jurisdictions to mail voters a statement with sample ballots for tax measures that includes the tax purpose, rates, duration, estimated annual revenue over ten years, and any mechanisms causing rate changes over time.

Permits measures imposing taxes with multiple rates or authorizing bonds to include "See voter guide for tax rate information" on ballots instead of full rate and duration details, if the jurisdiction chooses.

Mandates that bond measure statements include estimates of average annual tax rates needed to fund the bonds, the highest tax rate that would apply, and total anticipated debt service.

Specifies that estimates or projections in ballot statements shall not restrict the actual taxes imposed by approved measures.

Establishes that failure to comply with these ballot statement requirements does not invalidate a bond issue or tax measure once it is implemented.