{"data":{"id":"us-ca/cal.-const.-art.-xiii-26","jurisdiction":"us-ca","citation":"Cal. Const. art. XIII, § 26","heading":"","body":"(a) Taxes on or measured by income may be imposed on persons, corporations, or other entities as prescribed by law.\n(b) Interest on bonds issued by the State or a local government in the State is exempt from taxes on income.\n(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:\n(1) The income is not unrelated business income as defined by the Legislature.\n(2) The income is used exclusively for educational purposes.\n(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.","path":["* California Constitution - CONS","ARTICLE XIII TAXATION [SEC. 1. - SEC. 36.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"bf76ff819f025335cd6d606e2b16a9cffab42e5c2e67591a1cecc96ecfa3e32a","source_id":"us-ca","stale":false,"prev":"us-ca/cal.-const.-art.-xiii-25.5","next":"us-ca/cal.-const.-art.-xiii-27"},"notice":"GroundRules: Original legal text. Not legal advice."}