How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Judicial Branch

Feb 11, 2026 - In combination, as shown in Figure  3 , it makes it likely that at least $21  billion could be needed to complete the list of 80 projects. These costs will likely continue to increase over time due to inflation and various other factors.
https://lao.ca.gov/Publications/Report/5113

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - California Community Colleges Federal Funds: Student Financial Aid [EdBudget] $465 23% Notes: For community colleges, the bulk of federal funding (more than 80 percent in 2023-24) is for student financial aid.
https://lao.ca.gov/Education/EdBudget/Details/1042

Disabled Veteran Business Enterprise Program Review [Publication Details]

Dec 2, 2025 - Disabled Veteran Business Enterprise Program Review [Publication Details] Description: As required by Chapter 80 of 2020 (SB 588, Archuleta), this brief reviews California’s Disabled Veteran Business Enterprise (DVBE) program.
https://lao.ca.gov/Publications/Detail/5095

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Individuals must generally work, study, or volunteer at least 80  hours per month, or meet an earnings threshold (about $580 per month, equivalent to 80 hours at the federal minimum wage) unless they qualify for certain exemptions (such as having young children or being medically frail).
https://lao.ca.gov/Publications/Report/5146

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - The budget package also authorized nearly 80 new positions across 12 departments to administer Proposition  4 ‑funded programs. Trailer bill language adopted in Chapter  106 of 2025 (A B  149 , Committee on Budget) also allowed state agencies and departments to use the emergency rulemaking process under the Administrative Procedure Act to develop and adopt their bond program guidelines and selection criteria.
https://lao.ca.gov/Publications/Report/5115

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - Chapter   80 of 2020 (S B   588 , Archuleta) —which, among other things, directs state entities to withhold up to $10,000 from the final payment otherwise due to a prime contractor if that prime contractor does not certify various pieces of DVBE ‑related information.
https://lao.ca.gov/Publications/Report/5095

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - Slots are limited to budget appropriation. 80 Emergency Child Care Bridge Provides temporary child care services to children in foster care system and under age 13. Child care services are temporary until family finds longer ‑term child care solution. d 3,245 a Unless otherwise specified, child must be under age 13 and families must earn at or below 85  percent of the state median income to be eligible for subsidized child care programs.
https://lao.ca.gov/Publications/Report/5168

The 2025-26 California Spending Plan: Child Care and State Preschool

Nov 14, 2025 - (The per-child rate for three-year olds is 80  percent higher than the rate for four-year olds.) The costs associated with these increases are covered with unallocated State Preschool funds. Reduces Emergency Child Care Bridge Program Funding.
https://lao.ca.gov/Publications/Report/5088