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

Oversight of certain nonprofit charities and related entities. [Ballot]

Jan 20, 2026 - These costs would vary from year-to-year, but would likely range from the millions of dollars to the tens of millions of dollars annually —but could reach into the low hundreds of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The added risk variable weighs on the range of revenue outcomes that we view as most plausible. The middle of the range, which becomes our main revenue forecast, is thus lower than if we did not include the stock market risk indicator.
https://lao.ca.gov/Publications/Report/5104

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

Mar 9, 2026 - The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent). Perhaps more concerning, income tax revenues stayed depressed for years following major downturns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent). Perhaps more concerning, income tax revenues stayed depressed for years following major downturns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - This would be a helpful tool for managing volatility, though it would not on its own address the range of declines in the guarantee that could potentially occur. Recommend Using One ‑Time Funds to Build Budget Resiliency.
https://lao.ca.gov/Publications/Report/5150

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - The Legislature could adopt the alternative under a range of potential revenue scenarios, but for illustrative purposes, we  describe its effects using the Governor ’s budget as the  baseline. Fully Fund the Estimate of the Guarantee.
https://lao.ca.gov/Publications/Report/5110

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - There is significant variability in the average annual growth rate by individual service (many individual services are captured in “Other ” in the figure), ranging from a low of 3  percent (employment services) to a high of 52  percent (social recreation).
https://lao.ca.gov/Publications/Report/5157

Special taxes. [Ballot]

Jan 27, 2026 - If such an initiative were rejected by voters or received 25 percent of required signatures but ultimately did not qualify for the ballot, the state General Fund would pay the cost of the one-time audit, likely varying case to case but totaling in the range of the low millions of dollars for each two-year election cycle.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - While we find that the proposals have merit, like all other General Fund augmentations they must be considered in the context of the state ’s projected multiyear structural deficits —which are estimated to range from about $20  billion to $35  billion annually.  
https://lao.ca.gov/Publications/Report/5167