Proposition 50 [Ballot]

Nov 4, 2025 - Census and have been used since the 2022 congressional elections. PROPOSAL California ’s Congressional District Maps Use Legislatively Drawn Congressional District Maps Until After the Next Census. Proposition  50 replaces California ’s current congressional district maps with new, legislatively drawn maps.
https://lao.ca.gov/BallotAnalysis/Proposition?number=50&year=2025

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - The labor market is tight when quits are high and layoffs are low, as was the case in 2021 and 2022 during the so-called "Great Resignation " when worker demand was very high and many workers found higher wages by changing jobs.
https://lao.ca.gov/LAOEconTax/article/Detail/839

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - The labor market is tight when quits are high and layoffs are low, as was the case in 2021 and 2022 during the so-called "Great Resignation " when worker demand was very high and many workers found higher wages by changing jobs.
https://lao.ca.gov/LAOEconTax/Article/Detail/839

Cannabis Tax Revenue Update (2025 Q2) [EconTax Blog]

Sep 15, 2025 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. As required by this law, the administration raised the retail excise tax rate to 19 percent on July 1, 2025.
https://lao.ca.gov/LAOEconTax/Article/Detail/838

Cannabis Tax Revenue Update (2025 Q2) [EconTax Blog]

Sep 15, 2025 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. As required by this law, the administration raised the retail excise tax rate to 19 percent on July 1, 2025.
https://lao.ca.gov/LAOEconTax/article/Detail/838

University Capital Outlay Projects [EdBudget]

Aug 27, 2025 - No nonstate funds are allocated for the project. c Consists of $1.2 million in new General Fund support (project savings from the completed state-approved Fire and Life Safety Improvements Phase 1 project), along with $13 million in General Fund support redirected from the previously state-approved UC Irvine Student Wellness and Student Success Building project, which has been suspended. d The 2022-23 Budget Act provided $90 million one-time General Fund cash for this project.
https://lao.ca.gov/Education/EdBudget/Details/1021

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - The Legislature did not know the full fiscal effect of a 66-hour duty week in August 2022. However, the Legislature now knows that a six-hour duty week reduction requires a substantial, new, and ongoing General Fund commitment of nearly $1  billion annually (by 2028-29).
https://lao.ca.gov/Publications/Report/5066

Proposition 98 Key Inputs and Outcomes Under 2025-26 Budget Package [EdBudget]

Jul 21, 2025 - Proposition 98 Key Inputs and Outcomes Under 2025-26 Budget Package [EdBudget]     a Excludes $938 million supplemental payment associated with Proposition 28 (2022). Beginning in 2024-25, this amount is folded into the Proposition 98 guarantee. b Chapter 27 of 2024 (SB 154, Committee on Budget and Fiscal Review) suspended the Proposition 98 guarantee and set forth this amount as the intended funding level.
https://lao.ca.gov/Education/EdBudget/Details/1004

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - Since January 1, 2022, Unit 16 employees who have an approved telework agreement on file with their department are eligible to receive $50 per month if they are identified as a remote centered employee or $25 per month if they are identified as an office centered employee.
https://lao.ca.gov/Publications/Report/5064

Early Data Revision Shows No Job Creation During 2024 Q4 [EconTax Blog]

Jun 24, 2025 - Since mid-2022, as shown below, five out of six quarterly early benchmark revisions have shown weaker employment trends than  first reported by the monthly survey. For context, the monthly survey has overestimated net job growth by 25,000 jobs per month on average over this period.
https://lao.ca.gov/LAOEconTax/Article/Detail/833