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

Mar 9, 2026 - Income Taxes Tend to Lag Major Market Turns by Up to a Year. State income tax growth typically lags stock market turning points by six to twelve months. Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Income Taxes Tend to Lag Major Market Turns by Up to a Year. State income tax growth typically lags stock market turning points by six to twelve months. Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn.
https://lao.ca.gov/LAOEconTax/article/Detail/852

Online sports wagering. [Ballot]

Oct 20, 2021 - Creates Division of Online Sports Betting Control (DOSBC). This measure creates DOSBC within DOJ, which would have the exclusive authority to regulate online sports wagering as well as to investigate illegal wagering activities (such as “match-fixing ”).
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - The Regional Resource Development Project aids consumers transitioning from DCs into the community, including follow-up and assessment to ensure successful community living. The spending plan provides $1.1  million General Fund to increase services in the Southern California program.
https://lao.ca.gov/Publications/Report/4286/1

^[PDF] Online sports wagering.

Creates Division of Online Sports Betting Control (DOSBC). This measure creates DOSBC within DOJ, which would have the exclusive authority to regulate online sports wagering as well as to investigate illegal wagering activities (such as “match-fixing”).
https://lao.ca.gov/ballot/2021/210494.pdf

Prisons vs. Universities Proposal Would Unwisely Lock Up Budget Flexibility [Publication Details]

Jan 26, 2010 - Prisons vs. Universities Proposal Would Unwisely Lock Up Budget Flexibility [Publication Details] Prisons vs. Universities Proposal Would Unwisely Lock Up Budget Flexibility Format: HTML Description: In his January budget, the Governor proposed a state constitutional amendment that would require reductions in spending on state corrections, with corresponding increases in spending for public universities.
https://lao.ca.gov/Publications/Detail/2186

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

Licensed tribes, or their contractors, could offer sports betting under the tribe’s name. Tribes would be required to give up some of their rights under federal law to get a license—such as agreeing to a certain amount of state regulation. — Certain Gambling Companies.
https://lao.ca.gov/handouts/crimjust/2022/Prop-27-081022.pdf

Rent control. [Ballot]

Jun 10, 2019 - Rent is high in California because the sta te does not have enough housing for everyone who wants to live here. People who want to live here must compete for housing, which increases rents. Several Cities Have Rent Control Laws.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-001

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

Specifically, it allows people or entities that believe someone is breaking these laws to file a civil lawsuit in state trial courts to ask for penalties of up to $10,000 per violation or to stop the behavior. „ Allows these civil lawsuits only if the person or entity filing it first asks DOJ to act and either (1) DOJ does not file a court case within 90 days or (2) a court rejects the case filed by DOJ without prohibiting it from being filed again.
https://lao.ca.gov/handouts/crimjust/2022/Proposition-26-081022.pdf

LAO 2008 Budget Analysis: Air Resources Board (3900)

  ·     $1.5 million in matching funds for three hydrogen fueling stations. 2007-08 ·     $5.0 million in matching funds for up to eight hydrogen fueling stations.   ·     $1.0 million for eight permanent program support staff.  
https://lao.ca.gov/analysis_2008/resources/res_anl08013.aspx