Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - Figure 2 Statutorily Required GGRF Appropriations Pursuant to SB 840 a Program Annual Amount Starting in 2026 ‑27 b Starting in 2026 ‑27, funding will be allocated first to the following programs: Manufacturing tax exemption State Responsibility Area fee backfill CalFire Then second, to the following programs: High ‑speed rail project Unspecified programs subject to appropriation Various Then
https://lao.ca.gov/Publications/Report/5096

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - GGRF = Greenhouse Gas Reduction Fund; DOF = Department of Finance; CalFire = California Department of Forestry and Fire Protection; SB  840  =  Chapter  121 of 2025 (SB 840, Lim ón); AB 617 = Chapter 136 of 2017 (AB 617, C.
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - Once its remaining funding is exhausted, LCI states that it will not have sufficient resources to support its current administrative staffing levels, even though the need for existing staff to oversee programs and grant recipients and to support core office functions such as accounting and c ontracting will remain.
https://lao.ca.gov/Publications/Report/5167

Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - Then fourth, remaining funding is subject to legislative appropriation for discretionary purposes. a Chapter 121 of 2025 (SB 840, Lim ón). b No sunset date unless otherwise noted. c Senate Bill 840 requires the Department of Finance to proportionately reduce the amounts for these programs if funding is not sufficient to fully support them and pay for state administrative costs. d Chapter 136 of 2017 (AB 617, C.
https://lao.ca.gov/Publications/Report/5097

The 2026-27 Budget: Permitting Support at the State Water Resources Control Board

Mar 2, 2026 - Aligning state enforcement more c losely with federal requirements would create consistency and equip the water boards with more effective tools to protect water quality. Expanding Applicability of Statewide Water Quality Control Plans to Non-WOTUS.
https://lao.ca.gov/Publications/Report/5144

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - Figure 1 General obligation bond debt service 1,363 1,162 a Includes reimbursements CalFire receives from work it does on behalf of other entities. b Includes funding from contractors of the State Water Project that is continuously appropriated to the department. c Includes state conservancies, Coastal Commission, and other departments.
https://lao.ca.gov/Publications/Report/5080

The 2025-26 Budget: May Revision Trailer Bill Proposals on the Delta Conveyance Project and Water Quality Control Plans

May 27, 2025 - Our recommendation to defer action on this proposal reflects our view that the Legislature should have sufficient time to fully c onsider the potential impacts of this proposal, particularly given that it is not directly related to passing or implementing the state budget.
https://lao.ca.gov/Publications/Report/5053

Cap-and-Trade Revenues: Strategies to Promote Legislative Priorities

Jan 21, 2016 - Companies  A,  B, and C will purchase allowances and continue to emit. State Subsidizes Emission Reduction From Company  C. Company  C could reduce its emissions at a cost of $15. However, the state offers a $10 subsidy for Company  C to reduce its emission.
https://lao.ca.gov/Publications/Report/3328

The 2020-21 Budget: Addressing Revenue Uncertainty in the 2020-21 Cap-and-Trade Expenditure Plan

Jun 4, 2020 - The 2020-21 Budget: Addressing Revenue Uncertainty in the 2020-21 Cap-and-Trade Expenditure Plan a Allocations based on Governor ’s estimate of $2.5 billion in 2020 ‑21. b Includes $12 million allocation in budget act. c Governor ’s estimate.
https://lao.ca.gov/Publications/Report/4250

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - AB 617 = Chapter 136 of 2017 (AB 617, C. Garcia); CARB = Air Resources Board; SGC = Strategic Growth Council; OPR = Governor ’s Office of Planning and Research; CalEPA = California Environmental Protection Agency; CalSHAPE = California Schools Healthy Air, Plumbing and Efficiency Program; CEC = California Energy Commission; and GWP = Global Warming Potential.
https://lao.ca.gov/Publications/Report/4807