The 2025-26 Budget: Cap-and-Trade Reauthorization and Greenhouse Gas Reduction Fund Proposals at May Revision

May 19, 2025 - The Governor proposes budget trailer legislation to extend the cap-and-trade program from 2030 through 2045. The proposal generally would maintain the same statutory guidance as was contained in previous enacted legislation.
https://lao.ca.gov/Publications/Report/5049

Ethnic studies course at the California State University. [Ballot]

May 15, 2025 - The measure directs CSU to coll aborate with certain CSU faculty groups to develop core competencies for the ethnic studies courses, with the faculty groups needing to approve those core competencies before the s tart of the 2030-31 academic year.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-003

Assessing California’s Climate Policies: Cap-and-Trade Reauthorization

May 7, 2025 - As mentioned previously, the explicit statutory authority for the cap ‑and ‑trade program sunsets at the end of 2030. Whether the Legislature must explicitly authorize a further extension or CARB already could continue the program beyond 2030 under its existing broad statutory authority is an area of some legal uncertainty.
https://lao.ca.gov/Publications/Report/5042

The 2025-26 Budget: Cap-and-Trade Expenditure Plan

Feb 12, 2025 - Should considerable uncertainty about the fate of the program exist as its next statutory end ‑date approaches (2030), a similar downward pressure on revenues could emerge. Linkage With Washington State.
https://lao.ca.gov/Publications/Report/4960

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Version 4.0 of the credit will begin in July  2025, is scheduled to sunset in 2030, and notably introduces the ability for the credit to be refundable. Diversity Provisions Introduced in 2020. Version 3.0 of the credit, which began in 2020 and runs through June 2025, requires applicants to provide (1)  statistics on the gender, ethnic, and racial makeup of their workforce, and
https://lao.ca.gov/Publications/Report/5036

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - Additionally, Chapter  361 of 2022 (S B  1020 , Laird) set interim targets to this goal, requiring that zero ‑carbon sources make up 90  percent of statewide electricity sales by 2030 and 95  percent by 2035.
https://lao.ca.gov/Publications/Report/4950

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - For example, it mentions the Governor ’s previously released “California ’s Water Supply Strategy, ” which outlines actions the administration estimates would be needed to recycle and reuse at least 800,000 acre ‑feet of water per year by 2030.
https://lao.ca.gov/Publications/Report/4958

Rethinking California's Reserve Policy

Apr 10, 2025 - The increase could be phased in over time: 20  percent to take effect immediately after the next statewide election, 25  percent in 2030, and increasing by 5  percent every five years until the cap reaches a maximum of 50  percent in 2055.
https://lao.ca.gov/Publications/Report/5028

The 2025-26 Budget: Overview of the Federal CalWORKs Pilot

Feb 21, 2025 - From October 1, 2025 through September 30, 2030, we understand states will collect data and report to ACF on the newly established program performance measures, as described further below. We understand participating states could be removed from the pilot for failing to meet the benchmarks identified in year one.
https://lao.ca.gov/Publications/Report/4978

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - However, this would not be sufficient on its own to address the fund condition and would lead to increased cost pressures in the near future because the principal and interest for the loan still would need to be repaid by June 30, 2030.
https://lao.ca.gov/Publications/Report/4961