The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Money Transmitters Program. Regulates, supervises, and examines businesses that receive money for transmission and sell or issue payment instruments and stored value. (These can include businesses that issue money orders and traveler ’s checks, as well as those that offer digital payments, such as PayPal and Stripe.)
https://lao.ca.gov/Publications/Report/5025

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

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Department of Financial Protection and Innovation [Publication Details]

Apr 3, 2025 - In this post, we assess administration-proposed trailer bill language that would increase certain fees charged by the Department of Financial Protection and Innovation and make recommendations to help ensure the department has the resources it needs to meet its oversight and regulatory mission.
https://lao.ca.gov/Publications/Detail/5025

The 2025-26 Budget: Governor’s Office of Service and Community Engagement

Mar 11, 2025 - College Corps provides each participating college student with up to $10,000 of financial aid for completing 450 hours of community service. The program currently partners with 45 campuses and serves about 3,400 students.
https://lao.ca.gov/Publications/Report/5015

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - In the 2023-24 session, the Legislature passed and the Governor signed Chapter  849 (AB  3218, Wood) and Chapter  462 (SB  1230, Rubio). These laws require the Attorney General to establish a list of unflavored tobacco products to simplify enforcement of the flavor ban.
https://lao.ca.gov/Publications/Report/4966

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - The federal administration ’s options for reducing Natcast ’s funding are somewhat limited, since Congress already appropriated the money and Natcast ’s workers are not government employees. Notably, however, the federal administration already has tried to cut some spending that meets these criteria.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - Updated materials provided by the department in March  2025 indicate that DRE is expecting to spend less than originally projected on state operations by about $5  million in 2024-25 and about $3  million in 2025-26.
https://lao.ca.gov/Publications/Report/5019

The 2025-26 Budget: The California State Payroll System IT Project

Mar 7, 2025 - The remaining five roles —the reporting coordinator, scope/capability subject matter experts, sponsor, technical coordinator, and training coordinator —require partial time commitments by one or more staff that vary between several hours per calendar quarter to up to 50  percent of available time.
https://lao.ca.gov/Publications/Report/5011

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - The remaining include 11 droughts (4  percent), 9 earthquakes (3  percent), and 6 energy and 6 health emergencies (2  percent each), as well as 5 freeze and 5 wind ‑related emergencies (2  percent each).
https://lao.ca.gov/Publications/Report/5029

The 2025-26 Budget: Office of Emergency Services—Request for Reappropriation of Law Enforcement Mutual Aid Fund Resources

Feb 24, 2025 - OES indicates that reimbursements have picked up recently as more agencies become familiar with the program. At an estimated $4.5  million through February 19, 2025 —reimbursement rates appear on track to be higher in 2024-25 —but still well below authorized levels.
https://lao.ca.gov/Publications/Report/4982