How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Allowed GO-Biz to consider job training opportunities as a factor when awarding credits. All three of these changes could have contributed to the trend shown in Figure  2 if (1)  The 25  percent rule was favoring smaller businesses above better-qualified applicants from larger firms, (2)  larger businesses provide better evidence on how the credit affects their decision-making,
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - Governor ’s budget includes $2.3 million in 2026 ‑27 for CANS fidelity and training. Roll out of new rates anticipated to begin July 1, 2027, subject to appropriation. BH ‑CONNECT: a CFT Meetings for FM Cases Implementation began January 1, 2025.
https://lao.ca.gov/publications/report/5147

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Namely, for any new services added to the plan that are rated as supported or promising, DSS would need to ensure that at least 50  percent of Title IV ‑E dollars are claimed for well ‑supported services.
https://lao.ca.gov/Publications/Report/5106

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - Adding More Licensing Exemptions for Those Who Work at Prisons. Currently, providers with out ‑of ‑state licenses are required to obtain a California license to work in CDCR, though some may use their out ‑of ‑state license on a temporary basis.
https://lao.ca.gov/Publications/Report/5137

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - The department stated that its budget projections for 2026 ‑27 do not incorporate any potential added costs due to the changes in H.R 1. Will the department be able to determine whether its costs increase in the future due to H.R. 1?
https://lao.ca.gov/Publications/Report/5157

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - Considering Adding Legislative Appointees to the SBE. The Legislature could consider adding two legislative appointees to the SBE. These appointees could enable greater legislative oversight of the new governance system and ensure the SBE ’s policies are consistent with legislative intent.
https://lao.ca.gov/Publications/Report/5165

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - Notably, CDCR and CalHR would retain their current roles in identifying qualified recruits and providing the necessary training and supervision to ensure people are performing their duties adequately.
https://lao.ca.gov/Publications/Report/5134

CSU Federal Grants and Contracts for Research and Other Purposes [EdBudget]

Feb 12, 2026 - This table reflects funding for Minority-Serving Institutions (including Hispanic-Serving Institutions) either as "R&D" or "Other," as applicable. a"Other" includes federal TRIO programs, workforce training programs such as the Workforce Innovation and Opportunity Act (WIOA), AmeriCorps, and other targeted federal programs. bCSU, as a system, receives federal grants and contracts
https://lao.ca.gov/Education/EdBudget/Details/1052