The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - It provides nonrefundable tax credits to companies in exchange for a commitment to increase employment and investment in the state over several years. More specifically, the objective of the program is to influence a business ’s decision to make investments in California that would have been made in another state, or not at all, absent the credit.
https://lao.ca.gov/Publications/Report/5162

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

Mar 9, 2026 - California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: University of California

Feb 26, 2026 - UC places its pooled cash in investment accounts and uses some of the annual investment earnings to support core operations. UC also receives overhead revenue associated with federal contracts and grants —known as federal indirect cost recovery —that helps support campus research infrastructure and certain central administrative costs.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - For example, the amount emitters recently have had to pay for each ton of carbon dioxide equivalent they emit through the cap ‑and ‑invest program has been below $30 per ton and LCFS credits have been between $50 and $70 per ton.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - However, the state already has overarching programs —such as cap ‑and ‑invest and LCFS —that are aimed at helping ensure that the state continues to make progress decarbonizing and shifting to cleaner transportation fuels.
https://lao.ca.gov/Publications/Report/5140

Overview of New Updates to the Cap-and-Invest Program [Publication Details]

Feb 23, 2026 - Overview of New Updates to the Cap-and-Invest Program [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5121

District Pension Contribution Rates and Amounts [EdBudget]

Feb 14, 2026 - Rates and amounts for 2026-27 and subsequent years will be updated based on actual teacher payroll and investment returns, among other factors. b Contribution amounts are for CalSTRS' Defined Benefit Program and are LAO estimates based on creditable compensation.
https://lao.ca.gov/Education/EdBudget/Details/1059

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

Feb 10, 2026 - The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5114

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207 [Publication Details]

Feb 10, 2026 - In this post, we analyze a California Public Utilities Commission proposal to implement changes to the California Climate Credit pursuant to Chapter 117 of 2025 (AB 1207, Irwin).
https://lao.ca.gov/Publications/Detail/5120