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: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - Specifically, it proposes to undertake assessments of whether credits should be provided differentially based on various potential factors —such as climate zones, household income levels, and utility service territories —as well as whether they should be allocated volumetrically rather than as fixed amounts.
https://lao.ca.gov/Publications/Report/5120

Time limits, environmental reviews, and judicial reviews for certain types of infrastructure projects. [Ballot]

Dec 10, 2025 - (General plans and zoning rules —which require approval by local elected officials —guide land use planning and development at the local level.) Currently, application completeness time limits are in statute in the PSA (not in CEQA), and they do not apply to proj ects requiring general plan or zoning changes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-023

The 2025-26 California Spending Plan: Housing, Homelessness and Local Government

Oct 22, 2025 - Chapter  22 also amended the Coastal Act to prohibit appeals of local permits for multifamily housing (four or more units) in the coastal zone on the basis of the project being located in a sensitive coastal resource area or not being the principally permitted use.
https://lao.ca.gov/Publications/Report/5082

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - Assembly Bill 149 exempts from CEQA the construction of temporary facilities for the 2028 Olympic and Paralympic Games and also exempts any temporary Olympics facility located in the coastal zone from having to obtain a coastal development permit.
https://lao.ca.gov/Publications/Report/5080

Frequently Asked Questions About Wildfires in California

Jan 28, 2025 - Other Local government agencies Operate planning departments that make land use and zoning decisions related to development in the wildland urban interface. Enforce local and state defensible space requirements as applicable.
https://lao.ca.gov/Publications/Report/4952

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - SB 1383 = Chapter 395 of 2016 (SB 1383, Lara) and RMDZ = Recycling Market Development Zone. Other Recent Augmentations Outside of the ten thematic packages highlighted above, recent budgets also provided or planned to provide one-time funding of close to $3  billion for a variety of other environmental activities.
https://lao.ca.gov/Publications/Report/4928

Cannabis and certain psychedelic drugs. [Ballot]

Dec 18, 2023 - Under the measure, entheogenic businesses would be permitted to begin cultivation, manufacturing, and wholesale distribution of entheogenic plants or substances on January 1, 2025, provided they are operating on land that is zoned for commercial agricultural production and approved for food production by the California Department of Food and Agriculture.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-032

Homeownership affordability. [Ballot]

Oct 27, 2023 - Specifically, cities and counties enact zoning ordinances to set property-specific land use requirements. A community ’s zoning ordinances typically determine how land can be used —such as for single family homes, multifamily homes, or commercial buildings.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-025