In 2012 and 2014, Draper also proposed splitting the state into six separate states, yet his efforts failed after numerous signatures his campaign collected were invalidated by election officials.
Under the proposal, the central state of California would consist of the counties of Los Angeles, Ventura, Santa Barbara, San Luis Obispo, Monterey and San Benito.
The upper portion of the state, which would include San Francisco and the state capital Sacramento, would become Northern California.
The measure backed by Tim Draper has hit almost 420,000 valid or projected to be valid signatures in the random sample, topping the 365,000 needed to qualify for the November ballot.
Draper argues that the three diverse regions would be better served by their own, smaller governments.
The CAL 3 proposal would split California into three new states: Northern California, California and Southern California. It ultimately did not receive enough valid petition signatures, according to the L.A. Times. If the Legislature fails to do so within 12 months of congressional approval to divide the state, the measure would divide California's debts among the three new states based on their populations. Five other counties to the north and along the coast would be included. Creating two more Californias would add four more California members to the U.S. Senate, something those who already think California wields outsize influence would loathe.
But there's many reasons to be skeptical that voters will choose to split the state.
"This isn't as easy or straightforward as its supporters want to make out", Shaun Bowler, a political science professor at UC Riverside told the Mercury News.
Not many Californians are on board thus far, however.
But even if the plan is approved at the ballot box, Congress would still have the final say on whether it can go ahead.