The Property Tax Inheritance Exclusion

Oct 9, 2017 - In 1986, voters approved Proposition   58 —a legislative constitutional amendment —which excludes certain property transfers between parents and children from reassessment. A decade later, Proposition  193 extended this exclusion to transfers between grandparents and grandchildren if the grandchildren ’s parents are deceased.
https://lao.ca.gov/Publications/Report/3706

Building Reserves to Prepare for a Recession

Mar 7, 2018 - Budget Stabilization Account Proposition   58 Governed BSA From 2004 t o 2014. Until 2014, the BSA was governed by Proposition  58. Passed by voters in 2004, Proposition   58 r equired the state to make an annual transfer into the BSA.
https://lao.ca.gov/Publications/Report/3769

^[PDF] Building Reserves to Prepare for a Recession

Proposition 58 allowed these deposits to be suspended by an executive order issued by the Governor. Between 2004 and 2014 only two transfers were made to the BSA under the provisions of Proposition 58.
https://lao.ca.gov/reports/2018/3769/prepare-for-recession-030718.pdf

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

^[PDF] The Office of Spill Prevention and Response: Funding and Responsibilities

According to OSPR, the trust fund has not been used to pay „ for any significant cleanup costs since at least 2000. The current fund balance is $58 million. „ Oil Spill Prevention and Administration Fund: ; Funded with a $0.05 per barrel surcharge on imported oil. „ Projected 2007-08 revenues of $35.6 million. „ Used to pay for OSPR’s operational and administrative costs. „ The projected fund balance at the end of 2007-08 is „ $17.7 million.
https://lao.ca.gov/handouts/resources/2007/OSPR_111907.pdf

^[PDF] The Office of Spill Prevention and Response: Funding and Responsibilities

According to OSPR, the trust fund has not been used to pay „ for any significant cleanup costs since at least 2000. The current fund balance is $58 million. „ Oil Spill Prevention and Administration Fund: ; Funded with a $0.05 per barrel surcharge on imported oil. „ Projected 2007-08 revenues of $35.6 million. „ Used to pay for OSPR’s operational and administrative costs. „ The projected fund balance at the end of 2007-08 is „ $17.7 million.
https://lao.ca.gov/handouts/resources/2007/OSPR_113007.pdf

^[PDF] California Redistricting Commission Amendment, Amendment No. 2-S

POLANCO CAROLE MIGDEN JOHN VASCONCELLOS GEORGE RUNNER CATHIE WRIGHT RODERICK WRIGHT February 15, 2000 Hon. Bill Lockyer Attorney General 1300 I Street, 17th Floor Sacramento, California 95814 Attention: Ms.
https://lao.ca.gov/ballot/1999/991002_INT.pdf

^[PDF] State Constitutional Officers

The commission recently announced its decision to raise the salaries of all state-elected officials effective December 2000. If this measure were adopted, it would reduce the annual salaries of all state-elected officials to the amounts existing on January 1, 1998.
https://lao.ca.gov/ballot/2001/010016_INT.pdf