The 2025-26 Budget: Department of Justice

Feb 19, 2025 - Specifically, the Governor proposes $37  million in 2026 ‑27, $36  million in 2027 ‑28, and $35  million annually beginning in 2028 ‑29. The 2025 ‑26 budget also maintains the budget bill language allowing DOF to augment the backfill amount.
https://lao.ca.gov/Publications/Report/4972

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Beginning July 2024, Chapter  231 of 2023 (AB  28, Gabriel) imposed a new excise tax on firearm dealers, firearm manufacturers, and ammunition vendors. Specifically, an 11  percent tax is applied to the gross retail sales of firearms, firearm precursor parts, and ammunition.
https://lao.ca.gov/Publications/Report/4970

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The  June 2024 budget package committed to a total of $28  billion in budget solutions for 2025 ‑26, which included, $12  billion in spending ‑related solutions and nearly $16  billion in all other solutions, including $5.5  billion in temporary revenue increases and a $7  billion withdrawal from the state ’s rainy day fund, the Budget Stabilization Account (BSA).
https://lao.ca.gov/Publications/Report/4951