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

Eligibility for elective office. [Ballot]

Oct 7, 2025 - Under the measure, if there are affected legislators holding federal, state, or local elective office at the time the measure takes effect, these affected legislators would be allowed to complete their term of office before the prohibition on holding elective office applied to them.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-015

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

Mar 18, 2026 - SWRCB must notify the public of proposed changes, hold public hearings, and consider and respond to written comments. The board also may hold workshops or informal meetings to gather input. Additionally, state policy (via executive orders and CEQA) directs agencies —including SWRCB —to consult with native tribes when decisions, such as updates to the Bay ‑Delta Plan, may affect tribal interests.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - The change would also allow for policymakers and the public to hold the Governor accountable for educational outcomes. A Few Issues Merit Greater Attention, Including Oversight, Fiscal Implementation, and the SPI ’s Role.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - If our estimates hold, the Legislature will face a fourth consecutive year of budget problems —all during a period of overall revenue growth . As it stands —with larger forecasted deficits and many fewer tools available to address them —California ’s budget is undeniably less prepared for downturns.
https://lao.ca.gov/Publications/Report/5091

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 2026-27 Budget: California Community Colleges

Mar 5, 2026 - On  average, apportionment funding per student is higher across districts on hold harmless ($9,491) and districts on stability ($9,189), compared to districts receiving their SCFF ‑calculated amounts ($8,882).
https://lao.ca.gov/Publications/Report/5150

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - This hold harmless period was originally scheduled to end on June 30, 2026. The spending plan accelerates the end of the hold harmless period to February 28, 2026, resulting in one-time savings of $75  million General Fund.
https://lao.ca.gov/Publications/Report/5086/1

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - In years that the CPI-W is negative (as was the case in 2010, 2011, and 2016), the federal government does not decrease SSI grants, but instead holds them flat. …While State Has Option to Provide Annual COLA to SSP Grants.
https://lao.ca.gov/Publications/Report/5148