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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - Next Generation 911 is intended to replace the copper landline ‑based legacy 911 system with an Internet Protocol (IP) ‑based system capable of transmitting voice, text, photos, video, and enhanced location data.
https://lao.ca.gov/Publications/Report/5145

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - CDCR provides tele ‑mental health services via live video by using specialized equipment. During a tele ‑mental health visit in prison, an incarcerated patient is escorted to a medical room within the prison where they communicate via audio and video with the mental health provider over a secure network.
https://lao.ca.gov/Publications/Report/5137

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

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

Dec 12, 2025 - The law excludes certain chatbots, such as those used solely for customer service, business operations, video game interactions limited to game-related topics, and stand-alone voice-activated virtual assistants that do not maintain relationships across interactions.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - Two of the campaigns focused on broad advertising and included activities such as video advertisements, display banners, and audio streaming with messaging about the program to reach a wide audience.
https://lao.ca.gov/Publications/Report/5035

Preliminary Assessment of Significant Changes to State's Technology Project Approval and Oversight Processes

Apr 29, 2025 - Preliminary Assessment of Significant Changes to State's Technology Project Approval and Oversight Processes CalHHS Language Access CalHHS proposes to use GenAI technology to translate their departments ’ content into multiple languages to improve language access for state residents. 1 Caltrans Traffic Mobility Insights Caltrans proposes to use GenAI technology to analyze significant amounts of
https://lao.ca.gov/Publications/Report/5034

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - For example, estimates of local employment multipliers, which attempt to measure the total increase in local jobs due to investment in specific industries, find that motion picture, video, and sound recording have roughly average multipliers compared to other sectors.
https://lao.ca.gov/Publications/Report/5000