The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - As part of the 2021‑22 budget package, the Legislature and Governor agreed to add 206,800 non‑CalWORKs child care slots over a multiyear period. To date, the state has funded 129,800 additional slots—a 113.8 percent increase in non‑CalWORKs slots compared to 2020‑21 levels.
https://lao.ca.gov/Publications/Report/5168

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - In addition, the Receiver ’s plan would also increase the pool of people that can provide services to the mental health population by expanding clinical internship slots across the prisons. Not only will interns perform work while part of the program, but it is also possible that they will become employed permanently by CDCR.
https://lao.ca.gov/Publications/Report/5134

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Large Credit Pool Could Impact Program Competitiveness. Given the current size of the credit pool, the program is often undersubscribed, meaning that the value of credits allocated falls below the statutory cap.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - Grants are awarded through a competitive review process with a focus on merit, statewide relevance, and potential impact. The average award is $465,000. The grant duration varies from eight months to five years with most grants lasting two to three years.
https://lao.ca.gov/Publications/Report/5171

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - SAF is much more expensive to produce than conventional fuel, so enabling it to be cost competitive requires subsidies —in aggregate across all policies —that are quite large relative to its potential emission reduction benefits.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - Much of the funding is to be awarded through competitive grants to eligible applicants includi ng local agencies, nonprofit organizations, tribes, and utilities. Remaining funding will support state ‑led activities, such as deferred maintenance and wildfire resilience activities at state parks and projects at the Salton Sea.
https://lao.ca.gov/Publications/Report/5115

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The commission would also be required to conduct annual public competitions soliciting proposals for improved approaches to meeting these objectives and to evaluate company plans comparatively. In addition, t he commission would have authority to oversee certain corporate governance practices and material financial transactions, conduct audits and investigations, issue binding directive s and emergency orders, and adopt regulations necessary to implement the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033