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 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

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

Dec 9, 2025 - Moreover, S B  840 added two new statutory allocations for the Climate Bureau and A B  617 , signaling the Legislature ’s interest in prioritizing ongoing funding in these  areas. Modifying Prioritization Order Affects How Much Funding Programs Receive Under Lower Revenue Scenarios.
https://lao.ca.gov/Publications/Report/5097

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

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - However, in the context of the state ’s structural budget deficit, any increases to ongoing General Fund spending will inevitably require commensurate programmatic reductions (or revenue increases) elsewhere in the state budget.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details]

Feb 10, 2026 - In this report, we review the Governor’s proposed plan for spending cap-and-invest revenues in 2026-27.
https://lao.ca.gov/Publications/Detail/5114

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

Feb 10, 2026 - With a heightened possibility of a market downturn —and resulting drop in income tax revenues —adopting the administration ’s revenue assumption would put the state on precarious footing. Further amplifying this precariousness, even under the administration ’s revenues, the budget is only roughly balanced in 2026 ‑27.
https://lao.ca.gov/Publications/Report/5116

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

Mar 18, 2026 - The state added the doubling goal as a narrative water quality objective in the 1995 Bay ‑Delta Plan. Doubling natural production relative to the average annual 1967 ‑1991 baseline would mean nearly 900,000 naturally produced salmon annually.
https://lao.ca.gov/Publications/Report/5163

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - Starting in 2026-27, Allocation of Revenues Will Be Guided by New Legislation. Senate Bill 840 made various modifications to the allocation of GGRF revenues starting in 2026-27, such as (1)  changing some allocations from being set percentages of GGRF revenues to fixed dollar amounts and (2)  changing the order in which certain allocations are made.
https://lao.ca.gov/Publications/Report/5096

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081/