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

Mar 9, 2026 - AI Enthusiasm Boosting Income Tax Revenues, but for How Long?   Recent enthusiasm around Artificial Intelligence (AI) has pushed the stock market to record highs and boosted compensation for the state 's technology workers.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - AI Enthusiasm Boosting Income Tax Revenues, but for How Long?   Recent enthusiasm around Artificial Intelligence (AI) has pushed the stock market to record highs and boosted compensation for the state 's technology workers.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - AI Enthusiasm Boosting Revenues, but for How Long? Middling Corporation and Sales Tax Collections in Line With Generally Weak Economic Conditions. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

California's Economy and Taxes

November 16, 2023 California 's technology companies, including giants like Apple, Google, Nvidia, and Meta, are some of the most valuable companies in the world and support thousands of high-paying jobs in th e state.
https://lao.ca.gov/LAOEconTax?tagId=56

California's Economy and Taxes

Update: Tech Company Equity Pay Driving Withholding in 2024 November 20, 2024 California 's technology companies, including giants like Apple, Google, Nvidia, and Meta, are some of the most valuable companies in the world and support thousands of high-paying jobs in th e state.
https://lao.ca.gov/LAOEconTax?tagId=2

Oversight of certain frontier artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - Background AI and AI Companies. AI refers broadly to technologies that enable computer systems to perform tasks that typically require human intelligence, such as generating content, identifying patterns, or mak ing predictions from data.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - Background AI and AI Companies. AI refers broadly to technologies that enable computer systems to perform tasks that typically require human intelligence, such as generating content, identifying patterns, or mak ing predictions from data.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

California's Economy and Taxes

California's Economy and Taxes 2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 December 3, 2025 California 's technology companies, including Apple, Google, Nvidia, Meta, and Broadcom are the most valuable companies in the world and employ  thousands of highly-paid  workers  in the state.
https://lao.ca.gov/LAOEconTax?tagId=12

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - Proposal Establishes Child Safety Requirements for Certain AI Systems. The measure establishes new child safety requirements for providers of “covered AI systems, ” generally defined as consumer-facing, conversational AI systems (including companion-style chatbots), while excluding business-only and certain narrow-purpose AI tools.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

Artificial intelligence (AI) and child safety. [Ballot]

Dec 12, 2025 - Creates a Children ’s AI Safety Fund. The measure establishes the Children ’s AI Safety Fund to support state oversight and implementation activities. All monetary penalties collected by DOJ and registration fees paid by AI developers would be deposited into the fund.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025