Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - This amount includes a total of $3.2  billion for various identified programs and purposes, $1  billion set aside for unspecified programs subject to appropriation, and roughly $100  million for state administrative costs.
https://lao.ca.gov/Publications/Report/5096

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - This amount was approved via three different 2025 budget actions: (1) $181  million provided through Chapter  2 of 2025 (A B  100 , Gabriel) (these funds were available for departments to spend during the final few months of 2024 ‑25), (2) $2.9  million through Chapter  5 of 2025 (A B  102 , Gabriel), and (3) $3.3  billion through Chapter  104 of 2025 (S B  105 , Wiener).
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - To help the state meet its climate goals and air quality requirements, the Governor signed an Executive Order in 2020 establishing various ZEV goals, including that 100 percent of in‑state sales of new passenger cars and trucks be zero emission by 2035.
https://lao.ca.gov/Publications/Report/5140

The 2022-23 Budget: Clean Energy Package

Feb 22, 2022 - The  Governor ’s budget provides a total of $922.4  million General Fund over two years ($323  million in 2022 ‑23 and $600  million in 2023 ‑24) to CEC for two new residential building decarbonization programs.
https://lao.ca.gov/Publications/Report/4554

The 2024-25 Budget: Crafting Climate, Resources, and Environmental Budget Solutions

Feb 14, 2024 - Moreover, the Governor sustains plans to provide about $930  million from the General Fund in 2025 ‑26 (including $500  million for water storage projects, over $300  million for energy programs, and $100  million to implement portions of CERIP).
https://lao.ca.gov/Publications/Report/4841

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - However, the Legislature could consider shifting a portion of activities from the proposed General Fund loan to the environmental fee (a tiered charge on statewide businesses with 100 or more employees) that supports TSCA.
https://lao.ca.gov/Publications/Report/5116

The 2025-26 California Spending Plan: Proposition 4

Oct 16, 2025 - The 2025-26 California Spending Plan: Proposition 4 $3,470 35% a $181 million of this amount was provided through Chapter 2 of 2025 (AB 100, Gabriel) and was available for administering departments to expend beginning in April 2025.
https://lao.ca.gov/Publications/Report/5076

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - The 2025-26 spending plan provides $178  million in multiyear authority —$100  million in 2025-26, $60  million in 2026-27, $12  million in 2027-28, and $6  million in 2028-29 —for the final installment plus a separate $2  million federal reimbursement agreement.
https://lao.ca.gov/Publications/Report/5080

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - All Other Spending Lower by $600 Million. Across the rest of the budget, the administration’s estimates of baseline spending (for example, for caseload growth, federal reimbursements, and statutory cost increases) are lower than ours by $600 million.
https://lao.ca.gov/Publications/Report/4951

The 2022-23 Budget: Cap-and-Trade Revenue Update

Apr 29, 2022 - Under those two revenue scenarios, we estimated that total revenue would exceed the Governor’s budget assumptions by $600 million (low scenario) to $2.8 billion (base scenario) over the 2021-22 and 2022-23 fiscal years.
https://lao.ca.gov/Publications/Report/4591