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 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - CDCR Also Continuing to Operate Excess APP and ICF Bed Capacity. As shown in Figure   4 , CDCR is also operating excess capacity in other types of inpatient beds, including 205 APPs, 327  ICFs at both men ’s prisons and state hospitals, 32  APP/ICF beds at women ’s prisons, and 13 APP/ICF beds for the condemned population.
https://lao.ca.gov/Publications/Report/4986

The 2026-27 Budget: Department of Justice

Feb 11, 2026 - A large portion of the General Fund support is used to support the Armed and Prohibited Persons System (APPS) enforcement teams, which seize firearms from people prohibited from owning or possessing them.
https://lao.ca.gov/Publications/Report/5118

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - Those departments may seek increases in compensation to ensure their pay remains competitive with CDCR —potentially adding still more costs to the state. Extending Licensing Exemptions to Out‑of‑State Licensed Providers State Licensing Policies Limit Pool of Potential Providers.
https://lao.ca.gov/Publications/Report/5134

Property tax rules for inherited property. [Ballot]

Oct 22, 2025 - The special rules for vacation homes and business properties only app lied to the first $1  million of combined property value. Proposition  19 narrowed these special rules. The rules now only apply to two types of properties: (1)  homes that a child or grandchild uses as a primary residence and (2)  farms.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-017

Overview of Wildfire Prevention and Response Funding [Publication Details]

Apr 8, 2026 - Overview of Wildfire Prevention and Response Funding [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5173

Major H.R. 1 Changes in CalFresh [Publication Details]

Apr 8, 2026 - Major H.R. 1 Changes in CalFresh [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5174

H.R. 1 Financing Impact on Medi-Cal Providers [Publication Details]

Apr 6, 2026 - H.R. 1 Financing Impact on Medi-Cal Providers [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5172

The 2026-27 Budget: Bureau for Private Postsecondary Education [Publication Details]

Mar 25, 2026 - The 2026-27 Budget: Bureau for Private Postsecondary Education [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5169