The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Money Transmitters Program. Regulates, supervises, and examines businesses that receive money for transmission and sell or issue payment instruments and stored value. (These can include businesses that issue money orders and traveler ’s checks, as well as those that offer digital payments, such as PayPal and Stripe.)
https://lao.ca.gov/Publications/Report/5025

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Department of Financial Protection and Innovation [Publication Details]

Apr 3, 2025 - In this post, we assess administration-proposed trailer bill language that would increase certain fees charged by the Department of Financial Protection and Innovation and make recommendations to help ensure the department has the resources it needs to meet its oversight and regulatory mission.
https://lao.ca.gov/Publications/Detail/5025

Federal Assistance for Businesses Affected by COVID-19

Apr 3, 2020 - Loan guarantees reduce the risk to the lender, which allows the small business to get more favorable terms—meaning that they may borrow the money for a longer period of time at a lower interest rate.
https://lao.ca.gov/Publications/Report/4215

The 2025-26 Budget: Governor’s Office of Service and Community Engagement

Mar 11, 2025 - College Corps provides each participating college student with up to $10,000 of financial aid for completing 450 hours of community service. The program currently partners with 45 campuses and serves about 3,400 students.
https://lao.ca.gov/Publications/Report/5015

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - In the 2023-24 session, the Legislature passed and the Governor signed Chapter  849 (AB  3218, Wood) and Chapter  462 (SB  1230, Rubio). These laws require the Attorney General to establish a list of unflavored tobacco products to simplify enforcement of the flavor ban.
https://lao.ca.gov/Publications/Report/4966

Update on Los Angeles’ Bid for the 2024 Olympics

Mar 23, 2017 - Such visitors from elsewhere in the U.S. and around the world will bring their money and spend between $1  billion and $2  billion in Los  Angeles, according to the study, resulting in hotels, restaurants, and other businesses buying supplies and their employees, in turn, spending some of that money close to home in Southern California.
https://lao.ca.gov/Publications/Report/3622

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - The federal administration ’s options for reducing Natcast ’s funding are somewhat limited, since Congress already appropriated the money and Natcast ’s workers are not government employees. Notably, however, the federal administration already has tried to cut some spending that meets these criteria.
https://lao.ca.gov/Publications/Report/5018

The 2023-24 California Spending Plan: Housing and Homelessness

Oct 19, 2023 - Previous budget actions allocated $360  million for use as Homeless Housing, Assistance and Prevention Program (HHAPP) bonus funds to supplement the base HHAPP grants of local entities that achieved specified outcome goals.
https://lao.ca.gov/Publications/Report/4808

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - Updated materials provided by the department in March  2025 indicate that DRE is expecting to spend less than originally projected on state operations by about $5  million in 2024-25 and about $3  million in 2025-26.
https://lao.ca.gov/Publications/Report/5019