The 2025-26 California Spending Plan: Transportation

Oct 16, 2025 - Instead, legislation enacted through the policy process —Chapter  121 of 2025 (SB  840, Lim ón) —reserves at least $1  billion from GGRF for the Legislature to appropriate for any purpose, with final amounts depending on the magnitude of cap-and-invest program auction revenues in a given year.
https://lao.ca.gov/Publications/Report/5077