The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - All three of these changes could have contributed to the trend shown in Figure  2 if (1)  The 25  percent rule was favoring smaller businesses above better-qualified applicants from larger firms, (2)  larger businesses provide better evidence on how the credit affects their decision-making, and (3)  larger firms are more likely to have, or participate in, job training programs.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - From 2021 ‑22 to 2024 ‑25, tobacco tax revenues dropped 14  percent per year —much faster than the 2  percent historical average. Potential explanations for this decline include: A drop in actual tobacco consumption —the flavor ban ’s intended outcome.
https://lao.ca.gov/Publications/Report/5132

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - In both cases, (1)  the assumed level of savings is lower than what was assumed as part of the 2024-25 budget package and (2) savings that were assumed unallocated in 2024-25 are assumed to be distributed to departments in 2025-26 Control Section 4.05: Reduced Operational Costs Distributed to Departments.
https://lao.ca.gov/Publications/Report/5081/

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The California Constitution requires the state to reimburse local governments when (1)  new state laws or regulations mandate that they implement a new program or higher level of service and (2)  the local government does not have offsetting revenues available to fully cover the associated costs.
https://lao.ca.gov/Publications/Report/5130

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - This approach yields an estimate of 8.6  million barrels for fiscal year 2024-25. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/5094

Fixing Unemployment Insurance

Dec 2, 2024 - At the time, average benefits replaced roughly 20  percent to 25  percent of workers ’ average  wages. In response, the state increased UI benefits in 2001. This legislation: (1)  increased the maximum weekly benefit from $230 per week to $450 per week and (2)  increased the wage replacement rate from 39  percent to 50  percent.
https://lao.ca.gov/Publications/Report/4943

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Governor ’s Proposal $25  Million for Semiconductor Design Facility. The Governor ’s budget proposes a one-time General Fund appropriation of $25  million in 2025-26 for GO-Biz to support capital expenditures incurred during the development of the DCF.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - The Cigarette and Tobacco Products Compliance Fund had a $2  million surplus in 2023-24 and entered 2024-25 with a $12  million balance. In principle, these resources, together with the proposed augmentation, should cover the cost of implementing these laws without any need to redirect resources away from other aspects of the licensing program.
https://lao.ca.gov/Publications/Report/4966

Updating the California Necessities Index

Aug 14, 2025 - Both the CA CPI ‑U and CA CPI ‑W differ from the CNI on average by about 1  percentage point, which is about 25  percent of average CNI growth. In Many Years, Differences Are Large. Further, the difference between the CNI and the CA CPI ‑U and CA CPI ‑W is often large.
https://lao.ca.gov/Publications/Report/5065

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - This is because they are based on one quarter of preliminary data for 2024-25. These data, along with certain assumptions, are then used to estimate revenues in 2024-25 and 2025-26. Revised data for that quarter and new data for additional quarters will be available in the coming months, which will better refine the estimate.
https://lao.ca.gov/Publications/Report/4970