The 2018-19 Budget: California Earned Income Tax Credit Education and Outreach

May 8, 2018 - Historically, the state has not provided funding for these specific activities, which include: Maintaining websites with information about the EITC, providing free online tax preparation services, and hosting online calculators to help individuals estimate their EITC benefits.
https://lao.ca.gov/Publications/Report/3826

Online sports wagering. [Ballot]

Oct 20, 2021 - For example, the measure prohibits the division from placing limits on the ty pe or amount of free bets or promotional credits offered to individuals, as well as from specifying how odds are to be calculated.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

^[PDF] Online sports wagering.

For example, the measure prohibits the division from placing limits on the type or amount of free bets or promotional credits offered to individuals, as well as from specifying how odds are to be calculated.
https://lao.ca.gov/ballot/2021/210494.pdf

Gaming. [Ballot]

Dec 18, 2023 - This percent is applied to the amount of sports wagers made after deducting (1)  any wagers made with free bets or promotional credits (such as a wager made with funds provided by a tribe to a player as a promotion), (2)  all player winnings, and (3)  all federal gaming taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Tribal gaming. [Ballot]

Dec 27, 2021 - This percent is applied to the amount of sports wagers made after deducting (1)  any wagers made with free bets or promotional credits (such as a wager made with funds provided by a tribe to a player as a promotion), (2)  all player winnings, and (3)  all federal gaming taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion

May 14, 2018 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/3835

^[PDF] Proposition 27: Allows Online and Mobile Sports Wagering Outside Tribal Lands. Initiative Constitutional Amendment and Statute.

Provides New Ways to Reduce Illegal Online Sports Betting „ Creates new ways to reduce illegal online sports betting, such as (1) requiring people who place online sports bets with any unlicensed entity to pay the state a penalty equal to 15 percent of the amount that they bet and (2) authorizing a $1,000 penalty for each day this money is not paid.
https://lao.ca.gov/handouts/crimjust/2022/Prop-27-081022.pdf

^[PDF] Proposition 26: Allows In-Person Roulette, Dice Games, Sports Wagering on Tribal Lands. Initiative Constitutional Amendment and Statute.

For example, cardrooms may earn less revenue if they are negatively impacted by the new civil enforcement method. This could reduce the taxes and fees they pay to the cities where they are located. „ The effects on most local governments would likely not be large.
https://lao.ca.gov/handouts/crimjust/2022/Proposition-26-081022.pdf

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852