The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Given the continued uncertainty around cap ‑and ‑invest revenues, we recommend the Legislature closely monitor upcoming quarterly auctions —in February  and May 2026 —to assess how revenues are materializing.
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - (For more information on recent changes to the cap-and-invest program, see our December 2025 publication, Overview of New Updates to the Cap-and-Invest Program .) Governor ’s Proposal Proposes $2.2  Million Ongoing for CPUC to Implement AB  1207.
https://lao.ca.gov/Publications/Report/5120

The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details]

Feb 10, 2026 - The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5114

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207 [Publication Details]

Feb 10, 2026 - In this post, we analyze a California Public Utilities Commission proposal to implement changes to the California Climate Credit pursuant to Chapter 117 of 2025 (AB 1207, Irwin).
https://lao.ca.gov/Publications/Detail/5120

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - The  absence of specific information on the program structure makes it impossible for the Legislature to understand how the program will work or evaluate its costs and benefits. For example, without information on the proposed incentive amounts, the Legislature cannot determine whether the incentives would be sufficient to meaningfully affect behavior.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - Cap ‑and ‑Invest Commitments. Given its size and legal flexibility, GGRF can serve as an important budget tool to help it fund its highest ‑priority activities across the entire state budget. As we discuss in greater detail in our publication, The 2026‑27 Budget: Cap‑and‑Invest Expenditure Plan , the Legislature has committed large portions of GGRF in 2026‑27 and out‑years through the passage of recent legislation, including Chapter 121 of 2025 (SB 840, Limón).
https://lao.ca.gov/Publications/Report/5116

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

Feb 24, 2026 - In either case, as a result of the interchangeability of the production processes for these two fuels, without significant additional investments in overall production capacity for renewables or innovation in the production process, an increase in SAF production likely would result in a roughly e quivalent decrease in RD production.
https://lao.ca.gov/Publications/Report/5139

Overview of New Updates to the Cap-and-Invest Program [Publication Details]

Feb 23, 2026 - Overview of New Updates to the Cap-and-Invest Program [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5121

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - (Natural production refers to all salmon —whether they are caught or survive —that reach adulthood without the use of hatcheries.) The state added the doubling goal as a narrative water quality objective in the 1995 Bay ‑Delta Plan.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - While the Legislature did approve some funding for a few of these activities in 2025 ‑26, notable discretion remains around how specifically the funds can and will be used. As such, these proposed appropriations represent a key opportunity for the Legislature to articulate its priorities and provide guidance about how specifically these funds will be spent, to the degree it has any.
https://lao.ca.gov/Publications/Report/5115