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The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - In July 2025, the President signed H.R. 1 —also known as the One Big Beautiful Bill Act —which eliminated these ZEV purchase incentives as of the end of September 2025. Since the passage of H.R. 1, some vehicle manufacturers have signaled that they expect to scale back their previously planned production of ZEVs.
https://lao.ca.gov/Publications/Report/5140

Cap-And-Trade Auction Update and GGRF Projections

Dec 6, 2021 - In addition, beginning in 2022 ‑23, the Legislature continuously appropriated $200  million annually for forest health and wildfire prevention. This $200  million is taken “off the top ” before calculating the other continuous appropriation percentages.
https://lao.ca.gov/Publications/Report/4480

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive [Publication Details]

Feb 24, 2026 - In this piece, we review the Governor's proposal to provide $200 million to create a new point-of-sale incentive program for light-duty zero-emission vehicles.
https://lao.ca.gov/Publications/Detail/5140

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

Feb 10, 2026 - (The Governor also proposes providing $85 million from the Air Pollution Control Fund—similarly freed up from undoing the previously‑approved MVA fund transfer—to support this new ZEV program, for a total of $200 million.)
https://lao.ca.gov/Publications/Report/5114

The 2022-23 Budget: Oil Well Abandonment and Remediation

Jan 31, 2022 - Governor ’s Proposal Provides $200   Million Over Two Years for Well Remediation. The Governor ’s budget proposes $100  million from the General Fund in 2022 ‑23 and $100  million in 2023 ‑ 24 —total of $200  million over two years —for CalGEM to plug wells and decommission facilities.
https://lao.ca.gov/Publications/Report/4508

The 2023-24 Budget: Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund Revenue Estimates

Mar 2, 2023 - In addition, beginning in 2022-23, $200  million is continuously appropriated for forest health and wildfire prevention activities. This funding is taken “off the top ” before calculating the other continuous appropriation amounts.
https://lao.ca.gov/Publications/Report/4730

Adoption of April 2021 Wildfire and Forest Resilience Early Action Package

Apr 16, 2021 - The amounts from GGRF are intended to bring total GGRF spending on forest health and prescribed fire activities to $200  million annually, consistent with requirements in Chapter  626 of 2018 (SB  901, Dodd).
https://lao.ca.gov/Publications/Report/4414

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

Dec 9, 2025 - The legislation sets aside $1  billion annually to be appropriated by the Legislature through the annual budget act or other statute. It also expresses the Legislature ’s intent that some specific activities be funded from this $1  billion set aside in 2026 ‑27, as discussed in the nearby  box.
https://lao.ca.gov/Publications/Report/5097

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The Governor proposes $1  billion in one ‑time General Fund over two years for affordable housing development. The  budget largely expands existing state programs related to affordable housing. Specifically, the budget proposes $500  million for tax credits to builders of rental housing affordable to low ‑income households, $200  million for mixed ‑income
https://lao.ca.gov/Publications/Report/4492