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

However, there could be larger effects on a few local governments that receive a large share of their revenue from cardrooms. For example, one city estimates cardroom payments are about 70 percent of its General Fund revenues. „ At the same time, tribal-state compacts changed to allow for sports betting could require additional tribal payments to local governments.
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.

Currently, 80 percent of HHAPP funds go to local entities generally based on their share of the state’s homeless population, 2 percent to tribes, and 18 percent to the state to provide bonuses to local entities and tribes who meet their goals.
https://lao.ca.gov/handouts/crimjust/2022/Prop-27-081022.pdf

The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion

May 14, 2018 - The cost of the expansion will depend on various factors, including awareness of the credit, the “take-up ” rate —that is, the share of eligible individuals who file a tax return claiming the credit —for each group, and filers ’ income.
https://lao.ca.gov/Publications/Report/3835

Online sports wagering. [Ballot]

Oct 20, 2021 - Under current state law, funding is provided to local entities and tribes as follows: (1)  80  percent to local entities generally based on their proportionate share of the homeless population in the state, (2)  2  percent to tribes generally based on self-asserted need, and (3)  18  percent to HCFC for discretionary bonuses to funding recipients who meet homelessness goals they have set for themselves.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - These conclusions seem somewhat at odds with the significant share of credits recaptured from businesses due to their failure to meet investment targets. One potential interpretation is that the state is making high risk-high reward bets on businesses.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

^[PDF] Authorization of Online Poker in California

On the other hand, if the state were to require too large a share, such operators may not retain suffi cient funds to effectively compete with the operators of illegal Web sites (such as for marketing and incentives to retain players).  State Regulations.
https://lao.ca.gov/handouts/state_admin/2010/Online_Poker_02_09_10.pdf

Sports wagering. [Ballot]

Dec 18, 2023 - At the same time, state and/or local revenues could increase due to required fees (such as regulatory fees), payments (such as a share of sports wagering revenues), or tax revenues from economic activity associated with sports wagering.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-031

Gaming. [Ballot]

Dec 18, 2023 - This measure creates two new funds —the Tribal Sports Wagering Revenue Sharing Trust Fund (TSW-RSTF) and the California Sports Wagering Administration Regulation Fund (CSWARF). Under this measure, tribes offering sp orts wagering under the state law framework and tribes adopting the model compact agreement would be required to make payments into these two funds.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030