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

Feb 10, 2026 - To the extent the Legislature has a clear vision for its preferred approach to implementing the California Climate Credit, we recommend it consider memorializing that vision in statute. Doing so would ensure its preferred approach is carried out.
https://lao.ca.gov/Publications/Report/5120

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

Feb 10, 2026 - It could also include memorializing in statute the Legislature’s preferred guiding principles for which types of activities the administration should include as GGRF state operations proposals going forward, as those activities would receive first priority for funding and thus can crowd out other GGRF‑funded programs and activities.
https://lao.ca.gov/Publications/Report/5114