The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation [Publication Details]

Feb 19, 2026 - The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5130

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation The 2026‑27 Budget State Mandate —Disclosure Requirements and Deferral of Property Taxation Constitution Requires the State to Reimburse Local Governments for Mandated Activities.  
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Specifically, the 2018 budget package: Removed a requirement that 25  percent of credits be reserved for businesses with less than $2  million in annual revenue. Required applicants to demonstrate that receiving the credit would influence their decision to create jobs in California.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - The Legislature may wish to monitor this issue by scheduling some of the proposed funding to expire after 2026 ‑27, requiring CDTFA to report on vacancies in key areas, or some combination of the two.
https://lao.ca.gov/Publications/Report/5132

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - This report fulfills that statutory requirement. Maritime Fuel Prices. According to Ship & Bunker , the average price of marine gas oil (a major type of maritime fuel) at the ports of Los Angeles and Long Beach was $781 per metric ton in October 2025.
https://lao.ca.gov/Publications/Report/5094

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Specifically, the General Fund costs to prefund retiree health benefits are used first to offset a portion of the Proposition  2 requirement and the remainder of the requirement is then satisfied through a supplemental pension payment towards the state ’s CalPERS liabilities.
https://lao.ca.gov/Publications/Report/5081/

Sales Tax Exemption for Bunker Fuel [Publication Details]

Nov 19, 2025 - Chapter 442 of 2023 (AB 543, Gipson) extended a longstanding sales tax exemption for certain purchases of bunker fuel, also known as maritime fuel.
https://lao.ca.gov/Publications/Detail/5094

Updating the California Necessities Index

Aug 14, 2025 - Change Required For 2026 ‑27  Budget. Under current statute, the CNI required for the 2026 ‑27  budget will not be calculable based on published statistics. Given that expenditure estimates for the budget require use of the CNI, we recommend that the Legislature enact a replacement option in statute as part of the 2026  budget  process.
https://lao.ca.gov/Publications/Report/5065

Updating the California Necessities Index [Publication Details]

Aug 14, 2025 - Recent changes were made to the publication of statistics required to calculate the California Necessities Index, which is used to adjust certain benefit rates and cost-of-living adjustments. In this brief, we provide details on the changes and evaluate alternatives for the index that require only currently available data and conform to the original intent of the index.
https://lao.ca.gov/Publications/Detail/5065

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - Over the years, the state has placed some limitations and disclosure requirements on these agreements. In 2019, the Governor vetoed SB  531 (Glazer), which would have enacted further restrictions. The veto message described these agreements as “an important local tool that captures additional economic activity, particularly in rural and inland California cities that continue to
https://lao.ca.gov/Publications/Report/5074