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

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Summary For 2026-27, the Governor ’s budget proposes $3.6  billion from the General Fund for the state ’s share of SSI/SSP —an increase of $94  million (2.7  percent) from the Governor ’s revised 2025-26 budget estimate.
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [Publication Details]

Mar 3, 2026 - The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [Publication Details] The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Format: HTML Description: For 2026-27, the Governor’s budget proposes $3.6 billion from the General Fund for the state’s share of SSI/SSP—an increase of $94 million (2.7 percent) from the Governor’s revised 2025-26 budget estimate.
https://lao.ca.gov/Publications/Detail/5148

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - For example, CDCR psychologists, according to the state Auditor, earn between $56 and $85 per hour —well above the average hourly rate paid in other states. According to 2023 data from the Bureau of Labor Statistics, California is the highest paying state for psychologists with the average hourly wage at $64 per hour, whereas psychologists nationwide earned a median of $53 per hour (21  percent less).
https://lao.ca.gov/Publications/Report/5134

Residency rules for state personal income tax purposes. [Ballot]

Jan 27, 2026 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - Given that the department has made progress in planning LOIS, it is generally reasonable to continue the PAL process, particularly in light of the administration ’s success in securing enhanced federal funding.
https://lao.ca.gov/Publications/Report/5157

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - An example is a tax on money someone earned two years ago. Fiscal Effect Possibility That Tax Revenues Will Be Lower in the Future. The measure restricts the options the state and local governments have to raise taxes in the future.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - The formula also deducts a student contribution from part ‑time work earnings. Specifically, the MCS calculation assumes a student works 15 hours per week, 39 weeks per year, at the state minimum wage rate, as adjusted annually.
https://lao.ca.gov/Publications/Report/5127

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/5167