Cal Facts: 2016

Dec 5, 2016 - Chapter 249 of 2016 (SB 32, Pavley) established the target of reducing GHG emissions to 40 percent below 1990 levels by 2030. At the time of this report, ARB is developing a plan to achieve the new 2030 target.
https://lao.ca.gov/Publications/Report/3511/5

Cap-and-Trade Extension: Issues for Legislative Oversight

Dec 12, 2017 - Figure   6 i llustrates two revenue scenarios through 2030 under different assumptions about future allowance prices. The low price scenario assumes all allowances sell at the minimum price established by CARB from 2018 t hrough 2030.
https://lao.ca.gov/Publications/Report/3719

Rethinking California's Reserve Policy

Apr 10, 2025 - The increase could be phased in over time: 20  percent to take effect immediately after the next statewide election, 25  percent in 2030, and increasing by 5  percent every five years until the cap reaches a maximum of 50  percent in 2055.
https://lao.ca.gov/Publications/Report/5028

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - In late July, for example, the Legislature passed and the Governor approved, an extension of authority for the Air Resources Board to implement the state ’s cap ‑and ‑trade program from 2020 to 2030.
https://lao.ca.gov/Publications/Report/3694

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Chapter  547 of 2015 (SB  350, de  Le ón) expanded the state ’s renewable portfolio standard from 33  percent by 2020 to 50  percent by 2030 and established a state goal of doubling the amount of energy efficiency savings by 2030.
https://lao.ca.gov/Publications/Report/3487/8

Cal Facts: 2016

Dec 5, 2016 - Proposition  55 extends the income tax increases through 2030. 2 (2014) Sets new rules for state and school budget reserves and debt payments. Historical Budget Reserve Balances Percent of Revenues and Transfers Each year, the Legislature passes a budget with some reserves to cover unanticipated revenue shortfalls or higher costs.
https://lao.ca.gov/Publications/Report/3511/1

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - Second, Proposition  2 created new requirements that the state spend a minimum amount each year, until 2030, to pay down specified debts. As shown in Figure  1, Proposition  2 has two avenues for making reserve deposits and paying debt.
https://lao.ca.gov/Publications/Report/4418

The 2018-19 Budget: Repaying the CalPERS Borrowing Plan

Apr 4, 2018 - Legislative Requirements and Initial Administrative Decisions Loan to Be Repaid by 2030 o r Sooner. Senate Bill 84 stipulates that the principal and interest payments of the loan must be fully repaid on or before June 30, 2030.
https://lao.ca.gov/Publications/Report/3797

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - Thereafter, until Proposition  2 ’s debt payment provisions expire in 2030 ‑31, the state might have some additional capacity for new commitments. Significant Stock Market Gains Could Result in Temporary Capacity.
https://lao.ca.gov/Publications/Report/3727

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - UC and CSU must develop plans to produce 250,000 and 480,000 more bachelor ’s degrees, respectively, by 2030 than they would under the Public Policy Institute of California ’s (PPIC ’s) baseline projections.
https://lao.ca.gov/Publications/Report/3487/5