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

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - Receiver Has Greater Authority Than Special Master. The establishment of the mental health Receivership led to the dissolution of the Special Master. The Receiver differs from the Special Master in that a Receiver has direct executive authority and acts in place of the Secretary of CDCR in regard to the management of prison mental health.
https://lao.ca.gov/Publications/Report/5137

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - These products range from tools built for specific purposes to more general systems that can hold conversations with users on a wide range of topics. State Privacy Law Includes Certain Protections for Minors.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

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

Feb 23, 2026 - The laws also give CDTFA various tools to enforce the flavor ban, such as citations, product seizures, and license suspensions. 2025 Actions on Licensing Funding. Funding for the Tobacco Licensing Program comes from license fees.
https://lao.ca.gov/Publications/Report/5132

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

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - For example, according to the state plan, Nurse ‑Family Partnership currently is operated (primarily by county public health departments) in 22 counties, and specially trained Master ’s level therapists offer Parent ‑Child Interaction Therapy in 40 cities.
https://lao.ca.gov/Publications/Report/5106

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - A key oversight tool in other departments is legislative confirmation of the department head, but the Governor does not propose confirmation for the education commissioner. The proposal also does not include the fiscal changes necessary to implement it.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: California Education Learning Lab

Mar 25, 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/5171

The 2026-27 Budget: Permitting Support at the State Water Resources Control Board

Mar 2, 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/5144