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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - Next Generation 911 is intended to replace the copper landline ‑based legacy 911 system with an Internet Protocol (IP) ‑based system capable of transmitting voice, text, photos, video, and enhanced location data.
https://lao.ca.gov/Publications/Report/5145

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - CDCR provides tele ‑mental health services via live video by using specialized equipment. During a tele ‑mental health visit in prison, an incarcerated patient is escorted to a medical room within the prison where they communicate via audio and video with the mental health provider over a secure network.
https://lao.ca.gov/Publications/Report/5137

Artificial intelligence (AI) and child safety. [Ballot]

Dec 12, 2025 - The law excludes certain chatbots, such as those used solely for customer service, business operations, video game interactions limited to game-related topics, and stand-alone voice-activated virtual assistants that do not maintain relationships across interactions.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - Two of the campaigns focused on broad advertising and included activities such as video advertisements, display banners, and audio streaming with messaging about the program to reach a wide audience.
https://lao.ca.gov/Publications/Report/5035

Preliminary Assessment of Significant Changes to State's Technology Project Approval and Oversight Processes

Apr 29, 2025 - Preliminary Assessment of Significant Changes to State's Technology Project Approval and Oversight Processes CalHHS Language Access CalHHS proposes to use GenAI technology to translate their departments ’ content into multiple languages to improve language access for state residents. 1 Caltrans Traffic Mobility Insights Caltrans proposes to use GenAI technology to analyze significant amounts of
https://lao.ca.gov/Publications/Report/5034

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - For example, estimates of local employment multipliers, which attempt to measure the total increase in local jobs due to investment in specific industries, find that motion picture, video, and sound recording have roughly average multipliers compared to other sectors.
https://lao.ca.gov/Publications/Report/5000

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - (The legislation defines GenAI as “artificial intelligence that can generate derived synthetic content, such as text, images, video, and audio, that emulates the structure and characteristics of the artificial intelligence’s training data.”)
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - (The legislation defines GenAI as “artificial intelligence that can generate derived synthetic content, such as text, images, video, and audio, that emulates the structure and characteristics of the artificial intelligence’s training data.”)
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services