The L.A. Times is reporting that Gov. Jerry Brown is backing off a tax proposal he introduced in January, and is forging an 11th-hour compromise. Brown has been battling various other Democratically-aligned groups that have come forward with their own initiatives.
According to the Times, the negotiated initiative "would contain a smaller sales tax increase than the half-cent hike Brown originally proposed, but would require upper income earners to pay more than the 1- to 3- percentage-point income-tax increase Brown had called for."
As recently as Monday, Brown was appealing to chiefs of police to support his initiative, even as he conceded the ballot would likely be crowded with various tax proposals.
A deal could be announced today, the Times reports. But it could be a challenge to get a revised proposal on the ballot.
KQED's Capitol Notes blog has this to say about the potential deal:
The signs of a negotiated truce between the two sides seems to be taking some in political circles by surprise, after weeks of increasing tensions between the two camps.
And on the question of timing, the blog explains what would have to happen for the initiative to make it on the ballot:
By law, an initiative must have collected sufficient valid signatures at least 131 days before election day — that's June 28. But to hit that date, the Secretary of State's office is already suggesting that the second week of May is probably the de facto deadline for actually submitting signatures to elections officials. ... The real question here could come down to campaign cash and logistics.