Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - The Governor proposes $3.3  million of augmentations in 2026 ‑27 and ongoing to address enforcement responsibilities stemming from a new law on hemp ‑derived cannabinoids (Chapter  248 of 2025 [AB  8, Aguiar ‑Curry]).
https://lao.ca.gov/Publications/Report/5132

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Over the last decade, two statutes —Chapter  351 of 2013 (AB  10, Alejo) and Chapter  4 of 2016 (SB  3, Leno) —gradually have increased California ’s statewide minimum wage from $8 per hour to $16 per hour.
https://lao.ca.gov/Publications/Report/4878

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - Returning personal and corporate income tax estimated payment amounts to four equal payments, beginning in tax year 2024, would shift about 8  percent of personal income tax estimated payments and 13  percent of corporation estimated payments from 2023 ‑24 to 2024 ‑25.
https://lao.ca.gov/Publications/Report/4722

Industry Wage Growth in California - Industry Wage Growth in California [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Industry Wage Growth in California November 8, 2017
https://lao.ca.gov/Videos/Player?playlistId=112

Managing California’s Cash

Sep 3, 2019 - After a period of relative calm in the mid ‑ and late ‑1990s, California faced another series of years with acute budget problems following the dot ‑com bust and ensuing recession. Although the dot ‑com bust was relatively mild in economic terms, it hit the California budget —which is particularly reliant on the Bay Area ’s technology sector —especially hard.
https://lao.ca.gov/Publications/Report/4092

The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Jan 26, 2022 - In  anticipation of a $54  billion budget problem, Chapter  8 of 2020 (A B  85 , Committee on Budget) limited the use of net operating loss deductions and business credits for 2020, 2021, and 2022 to temporarily increase tax revenue.
https://lao.ca.gov/Publications/Report/4500

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This amount includes $10  million for Federation Internationale de Football Association (FIFA) World Cup security costs, $10  million for Family Justice Centers, and $8  million to the City of Los Angeles for fire engine purchases.
https://lao.ca.gov/Publications/Report/5081

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Subject to Legislative Appropriation $50.0 CDE Program or activities (such as physical security improvements and school ‑based mental health services) addressing risk factors for gun violence affecting K ‑12 students. 3 15.0 JC Court ‑based firearm relinquishment grant program to facilitate removal of firearms and ammunition from individuals who become prohibited from owning or possessing them
https://lao.ca.gov/Publications/Report/4970

Reconsidering AB 8: Exploring Alternative Ways to Allocate Property Taxes [Publication Details]

Feb 3, 2000 - Reconsidering AB 8: Exploring Alternative Ways to Allocate Property Taxes [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/657