Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - Civil penalties on covered co mpanies may be assessed as a percentage of annual gross revenue, beginning at 5 percent for initial violations and increasing to as much as 100 percent for violations that remain u ncured over specified time periods.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

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] May 8, 2000 The 2000-01 Senate Budget Bill SB 1344 (Peace) As Adopted by the Budget and Fiscal Review Committee

. • Increases income limit to 100 percent of poverty level. • Increased income limit to 133 percent of poverty level. • $21.1 million cost. (continued) 2 L E G I S L A T I V E A N A L Y S T ’ S O F F I C EMay 8, 2000 2000-01 Budget Bill Major Provisions General Fund (Continued) Issue Governor • Provides $290 million General Fund for com- munity mental health treatment. • Set aside funds for in- creased mental health treat- ment services. • $200 million cost.
https://lao.ca.gov/2000/050800_senate_floor_packet.pdf

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - The state funding is provided through Proposition 98 and non ‑Proposition 98 General Fund. c TEFAP is 100 percent federally funded. Emergency Food for Families funding is 100 percent state tax revenue collections.
https://lao.ca.gov/Publications/Report/5086/3

California labor law violations. [Ballot]

Nov 23, 2021 - On the other hand, trial courts could receive an increased number of appeals of Labor Com missioner decisions or an increased number of class-action lawsuits or other civil filings that otherwise would have been pursued as PAGA lawsuits.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-027

Cannabis Tax Revenue Update (2025 Q3) [EconTax Blog]

Dec 2, 2025 - As shown in the figure below, this forecast is nearly $100 million below the budget package assumption for 2025-26. The main reason for this difference is the tax cut noted above. Our forecast assumes that the market-expanding effects of the tax cut will offset only a small share of the forgone tax revenue.  
https://lao.ca.gov/LAOEconTax/article/Detail/844

Cannabis Tax Revenue Update (2025 Q3) [EconTax Blog]

Dec 2, 2025 - As shown in the figure below, this forecast is nearly $100 million below the budget package assumption for 2025-26. The main reason for this difference is the tax cut noted above. Our forecast assumes that the market-expanding effects of the tax cut will offset only a small share of the forgone tax revenue.  
https://lao.ca.gov/LAOEconTax/Article/Detail/844

2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 [EconTax Blog]

Dec 3, 2025 - Including California ’s other large technology firms, the state ’s tech companies make up more than 60 percent of the total value of the Nasdaq 100 index, a list of the 100 most valuable companies listed on the Nasdaq stock exchange.
https://lao.ca.gov/LAOEconTax/article/Detail/843