The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget package removes both (1)  savings and loans, and (2)  banking or financial business from the list of QBA from tax year 2025 onwards. The administration estimates this change will increase revenues by $330  million in fiscal year 2025-26, decreasing slightly to $270  million by 2028-29.
https://lao.ca.gov/Publications/Report/5081

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The Governor ’s budget includes $ 250  m illion General Fund in 2020 ‑ 21 —with a plan to allocate an additional $ 750  m illion in future years —to establish a new loan program at the California Infrastructure and Economic Development Bank (I ‑Bank).
https://lao.ca.gov/Publications/Report/4135

The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - The budget provides a $17.3  million one-time loan from the School Land Bank Fund (rather than from the General Fund as initially proposed by the Governor) to continue implementation of the California Early Earthquake Warning System, which is a system intended to provide the general public, businesses, and other entities with advance warning of earthquakes.
https://lao.ca.gov/Publications/Report/4277