Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - Provisions of Proposition  2 Key Provisions of Proposition  2. Proposition  2 requires the state to make: (1) minimum annual payments toward certain eligible debts (until 2029 ‑30) and (2) deposits into the state ’s rainy day fund.
https://lao.ca.gov/Publications/Report/3727

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - The NSTC is a cooperative public-private effort to advance semiconductor research and development (R &D). Natcast is the nonprofit organization in charge of the NSTC. Natcast Currently Relies on Federal Funding.
https://lao.ca.gov/Publications/Report/5018

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - All three of these changes could have contributed to the trend shown in Figure  2 if (1)  The 25  percent rule was favoring smaller businesses above better-qualified applicants from larger firms, (2)  larger businesses provide better evidence on how the credit affects their decision-making, and (3)  larger firms are more likely to have, or participate in, job training programs.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - The California Constitution requires the state to reimburse local governments when (1)  new state laws or regulations mandate that they implement a new program or higher level of service and (2)  the local government does not have offsetting revenues available to fully cover the associated costs.
https://lao.ca.gov/Publications/Report/5130

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - New state spending may ( 1)  d irectly increase state employment; ( 2)  i ncrease state purchases of goods and services from the private sector; and/or ( 3)  i ncrease private ‑sector employment, spending, and investment.
https://lao.ca.gov/Publications/Report/4331

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Additional funding is available through the the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP), which provides incentives to public and private entities to buy zero-emission, heavy-duty trucks and buses.
https://lao.ca.gov/Publications/Report/4890

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The new Climate Catalyst Revolving Loan Fund would lend money to private sector organizations for projects determined to advance the state ’s environmental goals, along with other priorities —such as creating high ‑quality jobs.
https://lao.ca.gov/Publications/Report/4135

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

Feb 23, 2026 - The Governor proposes covering an additional $2  million of annual flavor ban enforcement costs by using existing Compliance Fund appropriations that the department has not been spending. Hemp ‑Derived Cannabinoids.
https://lao.ca.gov/Publications/Report/5132

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget package (1)  extends the PTET through tax year 2030, and (2)  allows taxpayers to make a late prepayment for tax years 2026 onward, subject to a 12.5  percent reduction in the corresponding credit.
https://lao.ca.gov/Publications/Report/5081/

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - When people buy vehicles from other individuals (known as “private parties ”), they owe use tax (similar to sales tax). Currently, the amount of use tax is based directly on the sale price that the buyer reports to DMV.
https://lao.ca.gov/Publications/Report/4238