The three-states campaign, dubbed "Cal-3", submitted more than 600,000 signatures.
The state would be divided into California, Northern California, and Southern California.
The northern part of the state (including San Francisco and current state capitol Sacramento) would become Northern California.
Southern California would be made up of Fresno, Imperial, Inyo, Kern, Kings, Madera, Mono, Orange, Riverside, San Bernardino, San Diego and Tulare counties.
"Three states will get us better infrastructure, better education and lower taxes", Tim Draper, the billionaire Silicon Valley venture capitalist who sponsored the "Cal 3" ballot measure, told the Times past year. It ultimately did not receive enough valid petition signatures, according to the L.A. Times.
According to CNN, the initiative claims it can solve California's most pressing issues, including the state's failing school systems, high taxes, deteriorating infrastructure and strained government. The third state, California, would cover six counties in the coastal area stretching between Monterey and Los Angeles.
Even if Draper's measure passes the vote in November, it will still have to be authorized by Congress, which would then face the prospect of diluting their power by creating four new Senate seats.
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It personally didn't affect me much but obviously I have people close to me that are affected by this more than me. I always said that it was a lie and yet people continued saying that I should not go to the national team.
Nevertheless, Draper has argued it's necessary to fix the state government.
Present day California is the world's fifth biggest economy with a GSP (gross state product) of $2.75 trillion, according to data from the U.S. Department of Commerce, making it bigger than the United Kingdom economy. "Californians deserve a better future".
But there's many reasons to be skeptical that voters will choose to split the state.
Voters won't have the final say on the measure, however.
Venture Capitalist Tim Draper is behind the initiative.
The plan would also need approval in the U.S. Congress, but would likely meet stiff opposition there as well because it would increase the number of Senators, and take away the advantage that Democrats have by being able to reliably claim all of California's electoral votes.