The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - California Hope, Opportunity, Perseverance, and Empowerment (HOPE) for Children Trust Account Program Transfers $40  Million from Fund Providing Investment Accounts for Foster Youth to General Fund. The 2022-23 budget provided $100  million and $15  million ongoing to the California HOPE for Children Trust Account Fund.
https://lao.ca.gov/Publications/Report/5081/

California’s Cap-and-Trade Program: Frequently Asked Questions

Oct 24, 2023 - The complex interactions between cap-and-trade and other state climate change efforts —as well as the many technological and economic factors that affect emissions in California —make it difficult to quantify the level of emissions reductions attributable to the program alone.
https://lao.ca.gov/Publications/Report/4811

The 2023-24 Budget: Proposed Energy Policy Changes

Mar 10, 2023 - Ultimately, ensuring it has the time and opportunities for developing a greater understanding, sufficient input from stakeholders, and thoughtful deliberation will be vital to ensuring it can make an informed decision on these important proposals.
https://lao.ca.gov/Publications/Report/4735

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - On average, residential electricity rates in California are close to double those in the rest of the nation, mostly driven by high rates charged by the state ’s three large investor ‑owned utilities (IOUs).
https://lao.ca.gov/Publications/Report/4950

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization

May 7, 2025 - Eliminating continuous appropriations also could enhance legislative oversight by creating a natural opportunity to more regularly review and revisit the allocations of cap‑and‑trade revenues through the annual budget process.
https://lao.ca.gov/Publications/Report/5042

The 2025-26 Budget: Natural Resources and Agriculture Discretionary Spending Proposals

Feb 18, 2025 - Specifically, the survey found that 23  percent of respondents earn $30,000 or less; 19  percent earn between $30,001 and $60,000; 15  percent earn between $60,001 and $90,000; and 11  percent report earning between $90,001 and $120,000.
https://lao.ca.gov/Publications/Report/4967

The 2025-26 Budget: Cap-and-Trade Expenditure Plan

Feb 12, 2025 - Before the Legislature last extended the statutory authorization for the cap ‑and ‑trade program in 2017, revenues from GGRF began to decline due to investor uncertainty about the status of the program.
https://lao.ca.gov/Publications/Report/4960

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - However, the proposal does not fully describe the links between those goals and individual spending decisions. For  example, the proposal does not set a goal for how many additional acre ‑feet of water will be recycled because of Proposition  4 investments.
https://lao.ca.gov/Publications/Report/4958

New Infrastructure Legislation: Summary and Issues for Legislative Oversight

Aug 8, 2023 - The Legislature also could conduct oversight hearings that allow it to hear directly from not only implementing agencies, but also other experts and stakeholders. Such hearings could serve as an important opportunity for the Legislature to gather key information, monitor progress towards meeting legislative goals, identify lessons learned, and determine whether additional legislative intervention might be merited.
https://lao.ca.gov/Publications/Report/4785

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - Legislature Extended Cap-and-Invest Program Through 2045. Separate from the budget, in September 2025, the Legislature adopted two significant pieces of legislation related to the cap-and-trade program and GGRF.
https://lao.ca.gov/Publications/Report/5080