The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - …But Also Indicates a Possible Trade-Off. However, there is a potential trade-off when considering awarding a credit to an applicant with a higher potential benefit to the state but a lower probability of achieving their milestones, compared to an applicant with a lower benefit but who is more likely to achieve their milestones.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

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

Feb 23, 2026 - As the Legislature weighs these trade ‑offs, it also must consider a related question: which taxes and fees should support each program? We turn to this in the next section. How Should the State Pay for These Programs?
https://lao.ca.gov/Publications/Report/5132

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

Mar 18, 2025 - If the Legislature approves this proposal, we recommend adding explicit requi rements to assess a grant applicant ’s inability to use tax credits. California Regional Initiative for Social Enterprises Grant Program.
https://lao.ca.gov/Publications/Report/5018

Fixing Unemployment Insurance

Dec 2, 2024 - This is because the surcharge turns off once the loan balance reaches zero. Absent the federal surcharge, little or no reserves would be on hand at the start of the next recession, further increasing the state ’s reliance on costly federal  loans.
https://lao.ca.gov/Publications/Report/4943

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - What Are the Key Fiscal and Policy Trade ‑Offs? In prioritizing relief, the Legislature will also need to balance this against its other budget and policy aims. Many relief options come with associated fiscal trade ‑offs.
https://lao.ca.gov/Publications/Report/4597

Updating the California Necessities Index

Aug 14, 2025 - Fidelity to Original Concept Each Option Presents Trade ‑Offs. None of the options perfectly align with the concept of the original CNI: to measure changes in the prices of select categories of essential goods and services in California.
https://lao.ca.gov/Publications/Report/5065

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - The benefits and costs of new stimulus programs may be less than or greater than expected if the initial assumptions turn out to have been inaccurate. The actual economic benefits and costs of stimulus programs depend in part on factors that are uncertain, such as future labor market conditions and behavioral responses by affected businesses.
https://lao.ca.gov/Publications/Report/4331

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - If so, this could make noncompliance more lucrative for businesses, leading to lower compliance, which in turn could drive up the citation rate and seizure rate per inspection. AB  3218 BCP Governor Proposes $3.5  Million in 2025-26 for CDTFA to Implement New Laws.
https://lao.ca.gov/Publications/Report/4966