California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through January. Seasonally adjusted new car registrations dropped 8 percent from September 2025 to December 2025.
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - This is a good proxy for the number of cars purchased by California residents. Slump in Registrations Continued Through January. Seasonally adjusted new car registrations dropped 8 percent from September 2025 to December 2025.
https://lao.ca.gov/LAOEconTax/article/Detail/853

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

Mar 9, 2026 - 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 - 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: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - (In our view, these cap ‑and ‑invest allowance and LCFS credit prices can serve as very rough proxies for the marginal costs these programs assess for near ‑term GHG  emission  reductions.) With Limited Exceptions, Makes Sense to Focus on Most Cost ‑Effective Approaches to Reducing GHGs.
https://lao.ca.gov/Publications/Report/5139

California New Car Registrations: December 2025 [EconTax Blog]

Feb 9, 2026 - This is a good proxy for the number of cars purchased by California residents. Registrations Fell Slightly in December. Seasonally adjusted new car registrations declined by 1 percent in December. After three weak months, registrations are now 5 percent below the average level over the last couple of years.
https://lao.ca.gov/LAOEconTax/article/Detail/848

California New Car Registrations: December 2025 [EconTax Blog]

Feb 9, 2026 - This is a good proxy for the number of cars purchased by California residents. Registrations Fell Slightly in December. Seasonally adjusted new car registrations declined by 1 percent in December. After three weak months, registrations are now 5 percent below the average level over the last couple of years.
https://lao.ca.gov/LAOEconTax/Article/Detail/848

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

California New Car Registrations: November 2025 [EconTax Blog]

Jan 6, 2026 - This is a good proxy for the number of cars purchased by California residents. Registrations Dropped in November. Seasonally adjusted new car registrations declined by 4 percent in November. After two weak months, registrations are now 4 percent below the average level over the last couple of years.
https://lao.ca.gov/LAOEconTax/Article/Detail/846