A plan to split California into six separate states may be coming to a ballot in 2016.
Venture capitalist Tim Draper said on Tuesday that he has enough signatures to qualify his six-state initiative for a ballot in two years, according to the Los Angeles Times.
Draper told the Times that he would be filing his petition in Sacremento on Tuesday, but authorities will have to review the filing before it could be brought to a public vote. Even if California voters were to pass the law, however, the U.S. Congress would have to approve the measure in "a long-shot scenario that has prompted plenty of eye-rolling," according to the Times.
"This is a colossal and divisive waste of time, energy and money," Steve Maviglio, a spokesman for a group opposing the plan, told the Times.
Draper's campaign is not deterred. A statement posted on its website Monday emphasized that "California needs a reboot," the Times reported.
—By CNBC staff