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

Mar 9, 2026 - Revenue Impact Also Depends on the Type of Downturn.  No two downturns are alike. By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Revenue Impact Also Depends on the Type of Downturn.  No two downturns are alike. By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - The prominence of advanced manufacturers among credit recipients is consistent with the intent of the program, since (1)  these types of facilities can locate in many parts of the United States, making tax incentives a potential deciding factor, and (2)  they tend to provide relatively well-paid jobs, which increases the competitiveness of their applications.
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: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - Mobile sources —including light ‑, medium ‑, and heavy ‑duty vehicles —contribute to California ’s GHG emissions and air pollution. For example, light ‑duty vehicles represent about 28  percent of statewide GHG emissions and 7  percent of statewide NOx emissions.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - Such goals could include living in an apartment, getting and maintaining a job, and participating in music or art classes. Quality Incentive Payments in Place Since 2025. The final phase of rate reform has been implemented since January 2025.
https://lao.ca.gov/Publications/Report/5157

The 2026-27 Budget: CalWORKs

Feb 18, 2026 - Reducing the dependence of needy parents by promoting job preparation, work, and marriage. Preventing and reducing the incidence of out-of-wedlock pregnancies. Encouraging the formation and maintenance of two-parent families.
https://lao.ca.gov/Publications/Report/5122

The 2026-27 Budget: Estimated State Savings From Proposition 47

Feb 23, 2026 - For example, prior to Proposition  47, possession for personal use of most illegal drugs (such as cocaine or heroin) was a misdemeanor, a wobbler, or a felony —depending on the amount and type of drug.
https://lao.ca.gov/Publications/Report/5108

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

Jan 27, 2026 - Many types of personal property are not taxed. One major type of personal property that is not taxed is financial assets like stocks. Proposal No New Taxes on Financial Assets or Other Personal Property.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Under the new plan in the 2026 ‑27 budget, much of the funds would instead be spent on certain previously approved Medi ‑Cal initiatives, such as transitional rent supports and community ‑based mobile crisis services.
https://lao.ca.gov/Publications/Report/5146