Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - Senate Bill  840 also removes the existing sunset for the wildfire and forest resilience funding. Notably, however, the legislation does not modify the existing sunsets that apply to the other two programs.
https://lao.ca.gov/Publications/Report/5097

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

Feb 10, 2026 - Most notably, because including state operations expenditures as part of Tier 1 means they receive first priority for available GGRF, adding new activities to this category can have the effect of gradually “crowding out ” other GGRF ‑funded programs and activities.
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - There also are a number of other refiners in the United States that currently produce RD and could, with the purchase of some ad ditional equipment, be converted to produce SAF in addition to, or instead of, RD.
https://lao.ca.gov/Publications/Report/5139

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - The state added the doubling goal as a narrative water quality objective in the 1995 Bay ‑Delta Plan. Doubling natural production relative to the average annual 1967 ‑1991 baseline would mean nearly 900,000 naturally produced salmon annually.
https://lao.ca.gov/Publications/Report/5163

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

Oct 16, 2025 - This legislation requires CARB to establish a Carbon Capture, Removal, Utilization, and Storage Program in order to develop and implement a regulatory framework for carbon capture and storage and carbon dioxide removal technologies.
https://lao.ca.gov/Publications/Report/5080

The 2024-25 Budget: Flood Management Proposals

Feb 26, 2024 - For example, the Kopta Slough project would restore a river channel and remove rock revetment, ultimately leading to restoration of 170 acres of salmon rearing habitat on the Sacramento River. Similarly, the Crow ’s Landing project would restore a floodplain and provide 270 acres of salmon habitat in the San Joaquin River basin.
https://lao.ca.gov/Publications/Report/4856

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget package removes both (1)  savings and loans, and (2)  banking or financial business from the list of QBA from tax year 2025 onwards. The administration estimates this change will increase revenues by $330  million in fiscal year 2025-26, decreasing slightly to $270  million by 2028-29.
https://lao.ca.gov/Publications/Report/5081

The 2025-26 Budget: May Revision Trailer Bill Proposals on the Delta Conveyance Project and Water Quality Control Plans

May 27, 2025 - In effect, approving this proposal would signal the Legislature ’s support for the DCP —something the Legislature might not be prepared to do —because it would remove many of the obstacles to move forward on the project.
https://lao.ca.gov/Publications/Report/5053

The 2024-25 Budget: Sustainable Funding for the Department of Pesticide Regulation

Mar 5, 2024 - This could involve removing or refining activities proposed by the Governor or adding activities that are legislative priorities. Ensuring that legislative priorities are reflected is particularly important given the opportunity that adjusting taxes and fees provides in setting the state ’s overall goals for pesticide regulation and ensuring they are well supported.
https://lao.ca.gov/Publications/Report/4873

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - Suspending the Mandate Does Not Actually Remove the Past Requirement. Often when the state decides to suspend a mandate through the budget process, it will do so to avoid paying costs for one year on a prospective basis.
https://lao.ca.gov/Publications/Report/5039