The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The California Constitution requires the state to reimburse local governments when (1)  new state laws or regulations mandate that they implement a new program or higher level of service and (2)  the local government does not have offsetting revenues available to fully cover the associated costs.
https://lao.ca.gov/Publications/Report/5130

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

Feb 23, 2026 - It also authorized CDTFA to make further fee adjustments to cover program costs. Governor ’s Proposals The January Governor ’s budget includes three proposals for CDTFA ’s cannabis and tobacco programs: Cannabis Tax Compliance and Enforcement.
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Additionally, limits on the use of tax credits by businesses will contribute to further fluctuations in the fiscal effect of the program in the current decade. Parallel Grant Program Added in Some Years.
https://lao.ca.gov/Publications/Report/5162