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2000 Budget Analysis: H&SS; DADP 4200

We note that expansion of D/MC benefits may require loosening the trigger. Since D/MC is an entitlement, and benefits must be provided statewide, expansion raises concerns about un controllable costs.
https://lao.ca.gov/analysis_2000/health_ss/hss_6_DADP_4200_anl00.htm

Managed care organization tax. [Ballot]

Oct 27, 2023 - When the MC O tax was in effect, the state could spend less General Fund to support Medi-Cal than it otherwise would have without the tax. By contrast, in years without the MCO tax, the state had to backfill the lost MCO tax revenue by spending more General Fund.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-024

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

[PDF] The 1995-96 Budget Act and Related Legislation

The Legislature rejected the Governor’s proposal to eliminate the Drug/Medi-Cal program (D/MC), but adopted certain cost-containment measures, for an estimated General Fund savings of approximately $50 million in 1995-96 (to be redirected to drug treatment services).
https://lao.ca.gov/1995/092298_spending_plan/rp92295.pdf

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

[PDF] Overview on Poverty

Despite its fl aws, the poverty thresholds allow researchers and policy makers to examine trends over time using a consistent measure.  Substantial Changes Set for 2011. In September 2011, the Census Bureau will publish two sets of poverty data.
https://lao.ca.gov/handouts/socservices/2011/Poverty_Overview_05_10_11.pdf

2005 Initiative Analysis:Voters' Right to Protect Marriage.

For the receipt of federal benefits or for federal tax purposes, current federal l aw only recognizes marriage between a man and a woman. State Laws. The State Constitution currently does not define marriage.
https://lao.ca.gov/ballot/2005/050563.htm