The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Chapter  792 of 2023 (AB  39, Grayson) requires DFPI to regulate crypto assets (which are sometimes referred to as cryptocurrencies, virtual currencies, or digital financial assets). Chapter  781 of 2023 (SB  401, Lim ón) requires DFPI to regulate digital financial asset transaction kiosks.
https://lao.ca.gov/Publications/Report/5025

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - Since the flavor ban, however, revenues have declined much faster, from $1.84  billion in 2021-22 to $1.6  billion in 2022-23, then to $1.35  billion in 2023-24 (not including the new tax on electronic cigarettes).
https://lao.ca.gov/Publications/Report/4966

The 2025-26 Budget: EDDNext

Feb 25, 2025 - SCP This approved IT project seeks to develop and implement an improved online portal for customers to log in and access their program benefits. d EDD implemented the first phase of this project in June 2023, and later provided six additional language options on the portal in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4985

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Since these agreements were finalized in 2022 and 2023, and grant milestones are spread out among the five subsequent years, it is still unknown at this point what fraction will ultimately be claimed.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: Office of Emergency Services—Request for Reappropriation of Law Enforcement Mutual Aid Fund Resources

Feb 24, 2025 - (Unspent funds from 2022-23 and 2023-24 have already reverted.) Assessment Administration Seeks Additional Time in Pilot Phase. The LEMA Assistance Fund was authorized as a three-year pilot project in 2022-23.
https://lao.ca.gov/Publications/Report/4982

The 2025-26 Budget: Governor’s Office of Service and Community Engagement

Mar 11, 2025 - In 2023-24, 750 students participated in the DSIG program. CSAC shared that the program is currently undersubscribed. Of the $7.5  million provided for the program in 2023-24, $4.5  million (60  percent) went unspent for that purpose.
https://lao.ca.gov/Publications/Report/5015

The 2025-26 Budget: California Military Department—STARBASE Classroom Building

Feb 20, 2025 - As of 2023, STARBASE Los Alamitos had three authorized classrooms for the over 3,500 students a year who visit. However, CMD reports it cannot serve all interested students and there is currently a waitlist for the program.
https://lao.ca.gov/Publications/Report/4976

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - For example, in March  2023, Governor Newsom issued an executive order waiving statute to ease access to unemployment benefits for people unemployed as a result of severe winter storms that struck the state in February 2023.
https://lao.ca.gov/Publications/Report/5029

The 2025-26 Budget: The California State Payroll System IT Project

Mar 7, 2025 - SCO and CalHR will provide funding for DARTs using an allocation methodology first introduced in the 2023-24 May Revision. A nearby text box provides an overview of this methodology. Overview of the Department/Agency Readiness Team (DART) Funding Allocation Methodology In the 2023-24 May Revision, the State Controller ’s Office (SCO) and California Department of
https://lao.ca.gov/Publications/Report/5011

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Since 2023 ‑24, the Legislature has addressed a cumulative total of $82  billion in budget problems, but even including the withdrawal for 2025 ‑26, has only used about half of the Budget Stabilization Account (BSA).
https://lao.ca.gov/Publications/Report/4951