The 2026-27 California Spending Plan: Housing, Homelessness, and Local Government

Sep 18, 2026 - This includes: Transferring a total of three positions and $682,000 ongoing General Fund from Cal ICH to CHHA and the Department of Housing and Community Development (HCD). Transferring 14 positions and $1.5  million ongoing General Fund from HCD to HDFC.
https://lao.ca.gov/Publications/Report/5199

The 2026-27 California Spending Plan: Housing, Homelessness, and Local Government

Sep 18, 2026 - This includes: Transferring a total of three positions and $682,000 ongoing General Fund from Cal ICH to CHHA and the Department of Housing and Community Development (HCD). Transferring 14 positions and $1.5  million ongoing General Fund from HCD to HDFC.
https://lao.ca.gov/publications/report/5199

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - When a property changes ownership again, its taxable value is reset to its new purchase price. Property Tax Bills May Include Other Charges. Local governments may charge additional taxes and charges on property tax bills.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

The 2026-27 California Spending Plan: Other Provisions

Oct 2, 2026 - These include: (1) $10  million for City Year; (2) $5  million each for the California Men ’s Service Challenge, Reading Corps/Math Corps, and the Student Success Coach Grant Program; (3) $2  million for the Improve Your Tomorrow program; and (4) $500,000 each for three specific local Big Brothers Big Sisters programs.
https://lao.ca.gov/Publications/Report/5205/

Taxation of food. [Ballot]

Sep 10, 2026 - Many cities, for example, have business taxes based on sales made in the city, including sales of food. Several cities also tax the distribution of sugary drinks. Proposal Broader Sales Tax Exemption for Food and Drinks.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-005

Understanding California Corporate Taxation: Net Operating Loss Deductions [EconTax Blog]

Aug 11, 2026 - Tax rules limit the use of NOLs following significant ownership changes, however, so losses cannot simply be transferred without restriction to any profitable purchaser. Carryforward treatment is therefore better understood as deferred recognition of losses contingent on future taxable income than as an upfr ont incentive for new business formation.
https://lao.ca.gov/LAOEconTax/article/Detail/865

Understanding California Corporate Taxation: Net Operating Loss Deductions [EconTax Blog]

Aug 11, 2026 - Tax rules limit the use of NOLs following significant ownership changes, however, so losses cannot simply be transferred without restriction to any profitable purchaser. Carryforward treatment is therefore better understood as deferred recognition of losses contingent on future taxable income than as an upfr ont incentive for new business formation.
https://lao.ca.gov/LAOEconTax/Article/Detail/865

The 2026-27 California Spending Plan: Child Care and State Preschool

Sep 30, 2026 - The department must establish criteria for transferring funds that, among other things, prioritize maintaining funds within the same region and program for which the funds were initially issued. By October 1 of each year, DSS is required to update the Legislature on the amount of transfers made in the prior year.
https://lao.ca.gov/Publications/Report/5203

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

Jan 27, 2026 - New taxes on the ownership of financial assets or other personal property would not be allowed. Limits Retroactive Taxes. The measure limits the situations in which a ballot measure or the Legislature can raise a tax retroactively.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

Major Higher Education Budget Developments [EdBudget]

Oct 1, 2026 - . — Adds $9.8 million one time to raise the Cal Grant Transfer Entitlement age cap from 28 to 30 for five years. — Adds $10 million one-time state General Fund for GSTG awards in high-need fields of study to be provided in 2027-28. — Approves reducing 2026-27 MCS award coverage to 17.5 percent of students' remaining need.
https://lao.ca.gov/Education/EdBudget/Details/1161