^[PDF] The 2021-22 Budget: Consolidation of Cannabis Regulatory Responsibilities

The budget proposes to shift $151 million and 598 positions in existing resources from BCC ($73 million and 322 positions), CDFA ($48 million and 155 positions), and CDPH ($29 million and 121 positions).
https://lao.ca.gov/handouts/state_admin/2021/Cannabis-Regulation-022221.pdf

^[PDF] Cannabis: Proposed Consolidation of Regulation and Identifying the Elements of the Illicit Market

Consolidate Licensing Functions Into New Department „ The Governor proposes consolidating the cannabis-related licensing functions that are currently housed in BCC, CDFA, and DPH into a new department, the Department of Cannabis Control. „ The administration anticipates providing further information this spring.
https://lao.ca.gov/handouts/state_admin/2020/Cannabis-Regulation-022520.pdf

^[PDF] Overview of 2020-21 May Revision State Administration Proposals

LAO Comments „ Given uncertainty about the level of funding needed, we recommend providing funding for BCC, CDFA, and DPH on a one-year basis. We also recommend rejecting the proposed budget bill language, as it does not provide the Legislature with sufficient control over department budgets. „ We find it is reasonable to shift sworn officers to BCC.
https://lao.ca.gov/handouts/state_admin/2020/May-Revise-Overview-052120.pdf

The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - The budget package includes statutory changes providing BCC with authority to employ sworn enforcement officers. As a result, BCC will be able to conduct its own enforcement activities rather than relying on the Division of Investigation within the Department of Consumer Affairs (DCA).
https://lao.ca.gov/Publications/Report/4277

The 2016-17 Budget: Department of General Services

Feb 22, 2016 - Governor ’s Proposal Shift GCP to DGS. The Governor ’s budget proposes to shift the GCP from VCGCB to DGS. As part of this shift, the budget transfers nine positions and $1.2  million in funding authority to DGS.
https://lao.ca.gov/Publications/Report/3362

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals

Feb 14, 2020 - Specifically, the sworn officers that work on BCC ‑related issues are housed under DCA ’s Division of Investigation rather than BCC itself, which further bifurcates responsibility and accountability for cannabis enforcement.
https://lao.ca.gov/Publications/Report/4162

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Because BCC ’s only responsibilities were related to cannabis licensing, the budget also reflects the dissolution of the bureau. The budget package includes $ 294 m illion in funding for the new department.
https://lao.ca.gov/Publications/Report/4448

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