The Property Tax Inheritance Exclusion

Oct 9, 2017 - The share of homeowners over 65 increased from 24  percent in 2005 to 31  percent in 2015. This trend is likely to continue in coming years as baby boomers —a major demographic group —continue to age.
https://lao.ca.gov/Publications/Report/3706

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

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

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] Citizens Fair Districts Act (Version 4)

Brown Jr. 2 July 31, 2007 ure establishes a process for the Secretary of State to determine the members of the com- mission. The process would begin with 160,000 randomly selected voters from across the state and eventually reduce that number to 11 members (and 11 alternatives) through a combination of voter information forms, random selections, and legislative leadership input.
https://lao.ca.gov/ballot/2007/070604.pdf

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

Responding to a Spill in Marine Waters: ; The OSPR and the US Coast Guard set up a unified com- „ mand to monitor the spill, with the Coast Guard in command. Oil spill response organizations, under contract with the re- „ sponsible party, begin the cleanup.
https://lao.ca.gov/handouts/resources/2007/OSPR_111907.pdf

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

Responding to a Spill in Marine Waters: ; The OSPR and the US Coast Guard set up a unified com- „ mand to monitor the spill, with the Coast Guard in command. Oil spill response organizations, under contract with the re- „ sponsible party, begin the cleanup.
https://lao.ca.gov/handouts/resources/2007/OSPR_113007.pdf

Firearms and Ammunition Revenue Update (2025 Q2) [EconTax Blog]

Aug 18, 2025 - Preliminary Total for 2024-25: $58 Million. For firearm and ammunition excise tax returns filed for 2024-25, the total amount of tax due is $58 million —a bit lower than the budget package revenue assumption.
https://lao.ca.gov/LAOEconTax/Article/Detail/836