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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

^[PDF] Promoting Access to Higher Education: A Review of the State's Transfer Process

For exam- ple, an IGETC-approved math course at a given community college is automatically accepted at every UC and CSU campus for meeting IGETC requirements. Similarly, our proposal would increase the number of university campuses that will accept a given community college course.
https://lao.ca.gov/2006/CCC_transfer/CCC_transfer_011706.pdf

^[PDF] San Diego County Regional Airport Authority: Assessing Governmental Accountability

To focus accountability, the Legislature could allow all mem- bers of the airport authority governing board to determine who serves on the executive committee. The executive com- mittee members could serve at the pleasure of the governing board and be accountable to them.
https://lao.ca.gov/handouts/localgov/2006/SD_Airport_Authority_111706.pdf

^[PDF] CalWORKs Program Overview Hearing

CalWORKs Program Overview Hearing Moving Toward Self-Sufficiency: Allowable Activities LAO 60 YEARS OF SERVICE L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 9, 2005 3 " One-Parent Family: A family is eligible for the one-parent com- ponent of the program if it includes a child who is financially needy due to the death, incapacity, or continued absence
https://lao.ca.gov/handouts/socservices/2005/CalWORKs_program_030905.pdf

^[PDF] Overview of California’s Master Plan for Higher Education

Thus, the plan directs UC and CSU to accept all qualified com- munity college students. The plan also states that UC and CSU shall maintain lower division enrollment at no more than 40 percent of total under- graduate enrollment, in order to preserve access for qualified upper division transfer students.
https://lao.ca.gov/handouts/education/2005/Master_Plan_Overview_022205.pdf

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

Jan 20, 2026 - The measure also establishes personal civil liability for executives who knowingly violate, or knowingly cause or permit violations of, the meas ure ’s requirements. Such executives may be subject to penalties of up to $10 million per violation.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

^[PDF] COMMUNITY EDUCATION OF CHILDREN RESIDING IN STATE HOSPITALS

Under Chapter 1201, the state may no longer accept bids from pri- vate schools to provide education services that are lower than the bids received from public schools, unless the latter are unable to provide the appropriate services.
https://lao.ca.gov/reports/1983/02_community_education_of_children_residing_in_state_hospitals.pdf

^[PDF] Workers' Compensation: Recent Decisions Likely to Increase Benefits and Employer Costs

The Commissioner may accept, reject, or modify the board’s recommendation. Permanent Disability Awards for Disabled Employees Workers who suffer a permanent disability are entitled to receive PD benefits.
https://lao.ca.gov/2009/workers_comp/workers_comp_costs_101609.pdf