K-12 Proposition 98 Funding by Program [EdBudget]

Aug 31, 2021 - c The budget also provides $301 million in one-time federal funds.      d The budget also provides $179 million in unspent prior year funds.      e The budget also provides $2 billion in one-time federal funds.     
https://lao.ca.gov/Education/EdBudget/Details/547

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

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

The 2023-24 Budget: Department of Justice Budget Proposals

Feb 23, 2023 - Chapter 857 of 2022 (SB 301, Skinner): Online Marketplaces Requires online marketplaces to require their high ‑volume third ‑party sellers report certain specific information, to verify the provided information, to suspend future sales of third ‑party sellers that do not comply with reporting and other specified conditions, and to comply with certain recordkeeping procedures.
https://lao.ca.gov/Publications/Report/4701

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

Retail Theft in California: Looking Back at a Decade of Change

Jun 12, 2025 - Chapter  857 of 2022 (S B  301 , Skinner) and Chapter  172 of 2024 (S B  1144 , Skinner) require online marketplaces to collect information from certain sellers and report sellers to law enforcement when there is reason to believe the seller is offering stolen goods for sale.
https://lao.ca.gov/Publications/Report/5055

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

Home Price Update: October 2021 [EconTax Blog]

Nov 18, 2021 - Previous recessions have had disparate effects on home prices: they were largely unaffected by the collapse of the dot-com bubble in 2001, while in the late 2000s the collapse of the housing bubble was the single biggest factor that led to the financial crisis.
https://lao.ca.gov/LAOEconTax/Article/Detail/714

Home Prices Update: September 2021 [EconTax Blog]

Oct 20, 2021 - Previous recessions have had disparate effects on home prices: they were largely unaffected by the collapse of the dot-com bubble in 2001, while in the late 2000s the collapse of the housing bubble was the single biggest factor that led to the financial crisis.
https://lao.ca.gov/LAOEconTax/Article/Detail/706