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

About 40 percent of CSWF money would likely be used to meet this higher minimum spending amount. The remaining 60 percent would be used for sports betting and gambling-related costs as well as other state spending priorities.
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

^[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

Increasing Oversight of the State Litigation Deposit Fund

Jan 28, 2021 - Litigation proceeds are deposited into the LDF in cases where the state is a party to the legal action and no other state statutes specifically provide for ( 1)  t he handling and investing of the money and ( 2)  h ow any earned interest is distributed.
https://lao.ca.gov/Publications/Report/4322

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Outside of government and health care, the state has added no jobs in a year and a half. Similarly, the number of Californians who are unemployed is 25  percent higher than during the strong labor markets of 2019 and 2022.
https://lao.ca.gov/Publications/Report/4939

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

May 8, 2018 - (See our December 2014 report, Options for a State Earned Income Tax Credit , for more information about the design and effectiveness of the federal EITC.) California ’s State EITC California EITC Builds on the Federal EITC.
https://lao.ca.gov/Publications/Report/3826

Proposition 4 [Ballot]

Nov 5, 2024 - Much of this money would pay for activities focused on protecting communities from extreme heat ($200  million). These activities could include adding trees and greenspaces. Money would also support places for people to go during heatwaves or disasters ($100  million).
https://lao.ca.gov/BallotAnalysis/Proposition?number=4&year=2024

Gaming. [Ballot]

Dec 18, 2023 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in the outcome, and percentage games generally involve the house receiving a percentage of the money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Tribal gaming. [Ballot]

Dec 27, 2021 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in the outcome, and percentage games generally involve the house receiving a percentage of the money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039