Proposed constitutional initiative related to gaming activities. [Ballot]

Aug 1, 2018 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in its outcome, and percentage games generally involve the house receiving a percentage of the money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2018-003

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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

^[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.

Requires the racetracks pay the state 10 percent of sports bets made each day—after subtracting any prize payments—for deposit into a new California Sports Wagering Fund (CSWF). — Requirements on Tribal Casinos.
https://lao.ca.gov/handouts/crimjust/2022/Proposition-26-081022.pdf

Updating the California Necessities Index

Aug 14, 2025 - First, the new measure should —to the extent feasible —minimize quantitative differences from the old measure. To assess this, we calculate each new measure using data from prior years and calculate the difference between each new measure and the CNI in prior years.
https://lao.ca.gov/Publications/Report/5065

The 2018-19 Budget: 2018-19 COLA for K-14 Education Programs

Apr 30, 2018 - The 2018-19 Budget: 2018-19 COLA for K-14 Education Programs The 2018-19 Budget 2018 ‑19 COLA for K-14 Education Programs The federal government recently released updated information that affects the cost-of-living adjustment (COLA) that the state provides to certain school and community college programs.
https://lao.ca.gov/Publications/Report/3816

The 2025-26 California Spending Plan: Housing, Homelessness and Local Government

Oct 22, 2025 - The budget provides $2.4  million one-time General Fund for the Civil Right Department ’s California vs. Hate initiative. California vs. Hate is a non-emergency hotline and online portal that allows state residents to report hate crimes and hate incidents.
https://lao.ca.gov/Publications/Report/5082

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

Online sports wagering. [Ballot]

Oct 20, 2021 - Under this measure, all of these revenues would be deposited into a new special fund, the California Online Sports Betting Trust Fund (COSBTF). After deducting state regulatory co sts, the measure requires 85  percent of revenues be allocated by the Legislature through the annual state budget process for the purpose of delivering permanent and interim housing.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017