Tax Exclusion for Student Loan Forgiveness

Oct 1, 2026 - Nebraska (2023) that the HEROES Act did not authorize the large-scale loan cancellation plan. As a result, the one-time cancellation was not implemented, and no loans were canceled under the program.
https://lao.ca.gov/Publications/Report/5204

The Rise of Remote Work: Effects on California's Labor Market

May 6, 2026 - We find: Key indicators of remote work declined from their early ‑pandemic peak to 2023. Declines in remote work since 2023 have been quite modest. Rates of remote work remain elevated far above pre ‑pandemic levels.
https://lao.ca.gov/Publications/Report/5182

Tax Exclusion for Student Loan Forgiveness [Publication Details]

Oct 1, 2026 - This post fulfills the requirement enacted by Chapter 5 of 2023 (AB 111, Committee on Budget) that our office estimate the number of Californians who were able to exclude student loan forgiveness from state income taxation and the total amount of loan forgiveness excluded as a result of new, temporary income tax exclusions enacted by Chapter 5.
https://lao.ca.gov/Publications/Detail/5204

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - To address this, the 2021, 2022, and 2023 budget acts each provided one-time funding of $120  million for a grant program to supplement the tax credit. The Governor ’s budget proposals in 2024 and 2025 each included $60  million to fund the grant program but were not included in the final budget act due to projected deficits in those years.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - 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/5132