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] The Citizens Fair Districts Act (version 2)

Brown Jr. 2 April 4, 2007 ure establishes a process for the Secretary of State to determine the members of the com- mission. The process would begin with 160,000 randomly selected voters from across the state and eventually reduce that number to 11 members (and 11 alternatives) through a combination of voter information forms, random selections, and legislative leadership input.
https://lao.ca.gov/ballot/2007/070245.pdf

^[PDF] The Citizens Fair Districts Act (version 1)

Brown Jr. 2 April 3, 2007 ure establishes a process for the Secretary of State to determine the members of the com- mission. The process would begin with 160,000 randomly selected voters from across the state and eventually reduce that number to 11 members (and 11 alternatives) through a combination of voter information forms, random selections, and legislative leadership input.
https://lao.ca.gov/ballot/2007/070250.pdf

^[PDF] The Citizens Fair Districts Act (version 3)

Brown Jr. 2 April 6, 2007 ure establishes a process for the Secretary of State to determine the members of the com- mission. The process would begin with 160,000 randomly selected voters from across the state and eventually reduce that number to 11 members (and 11 alternatives) through a combination of voter information forms, random selections, and legislative leadership input.
https://lao.ca.gov/ballot/2007/070253.pdf

^[PDF] Citizens Fair Districts Act

The com- mission could approve a new redistricting plan with a majority vote. The majority vote, however, would be required to include two affirmative votes from voters representing each of the two largest political parties and two votes from the other members.
https://lao.ca.gov/ballot/2007/070854.pdf

^[PDF] Citizens Fair Districts Act (Version 4)

Brown Jr. 2 July 31, 2007 ure establishes a process for the Secretary of State to determine the members of the com- mission. The process would begin with 160,000 randomly selected voters from across the state and eventually reduce that number to 11 members (and 11 alternatives) through a combination of voter information forms, random selections, and legislative leadership input.
https://lao.ca.gov/ballot/2007/070604.pdf

^[PDF] Supplemental Report of the 2004 Budget Act

Working drawings will begin by July 2005 and be com- pleted by December 2005. Construction will begin by March 2006 and be com- plete by February 2007. Item 0820-301-0660—Department of Justice—Capital Outlay 1.
https://lao.ca.gov/2004/supp_report/supp_rpt_2004_budget_act.pdf

^[PDF] Supplemental Report of the 2006 Budget Act

Upon voter approval of the Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 2006, the Department of Transportation shall by May 1, 2007, provide the Joint Legislative Budget Com- mittee with a multiyear plan for how it plans to position itself to efficiently util- ize bond funds to deliver transportation projects.
https://lao.ca.gov/2006/supp_report/supp_rpt_2006.pdf