Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - If CARB were to set a relatively low ceiling price, it would help limit the costs of the program on businesses and households —improving affordability —but would also increase the likelihood that prices reach the ceiling.
https://lao.ca.gov/Publications/Report/5097

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - There also are a number of other refiners in the United States that currently produce RD and could, with the purchase of some ad ditional equipment, be converted to produce SAF in addition to, or instead of, RD.
https://lao.ca.gov/Publications/Report/5139

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - (Natural production refers to all salmon —whether they are caught or survive —that reach adulthood without the use of hatcheries.) The state added the doubling goal as a narrative water quality objective in the 1995 Bay ‑Delta Plan.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Most notably, because including state operations expenditures as part of Tier 1 means they receive first priority for available GGRF, adding new activities to this category can have the effect of gradually “crowding out ” other GGRF ‑funded programs and activities.
https://lao.ca.gov/Publications/Report/5114

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - To avoid adding undue reporting burdens for the administration, we recommend the Legislature be selective and focus any such requirements on the areas for which additional information would be most helpful in informing future efforts.
https://lao.ca.gov/Publications/Report/4958

The 2022-23 Budget: Office of Planning and Research Budget Proposals

Feb 9, 2022 - Some groups and communities are more difficult to reach than others when raising public awareness about public health issues, educational resources, or other important matters such as the decennial Census.
https://lao.ca.gov/Publications/Report/4523

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - We offer examples of proposals in the Governor ’s budget for which we find a rationale that could justify approval, as well as some that we believe fail to reach this high threshold. We also highlight ways the Legislature could consider modifying certain proposals —such as by shifting their fund source or downsizing their scope —if it finds a compelling rationale for their support but is constrained by the General Fund condition.
https://lao.ca.gov/Publications/Report/5116

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization

May 7, 2025 - If Allowance Prices Were to Reach the Price Ceiling, Consumer Impacts Would Be Much Larger. Some recent modeling suggests that reauthorization likely will put upward pressure on prices and potentially lead to them reaching the price ceiling over the next several years.
https://lao.ca.gov/Publications/Report/5042

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - Unless and until a different appellate court or the California Supreme Court were to reach an alternative conclusion in a future similar case, we cannot find a strong analytical reason for the Legislature to disregard the 2022 decision by the Third District Court of Appeal.
https://lao.ca.gov/Publications/Report/5039

The 2025-26 Budget: Cap-and-Trade Reauthorization and Greenhouse Gas Reduction Fund Proposals at May Revision

May 19, 2025 - Moreover, if the Legislature does not use GGRF to help ad dress the state ’s budget problems, it will be faced with making even greater reductions to General Fund-supported programs or increasing revenues by a like amount.
https://lao.ca.gov/Publications/Report/5049