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

Overview of Efforts to Modernize EDD’s Benefit Systems [Publication Details]

Feb 24, 2026 - Overview of Efforts to Modernize EDD’s Benefit Systems [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/5135

Office of Emergency Services: Next Generation 911 System [Publication Details]

Mar 5, 2026 - Office of Emergency Services: Next Generation 911 System [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/5151

Overview of Trial Court Construction and Facility Maintenance [Publication Details]

Feb 26, 2026 - Overview of Trial Court Construction and Facility Maintenance [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/5111

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - In earlier years, individual awards were much smaller and more numerous, whereas recent rounds have a much smaller number of awards that are typically worth several million dollars each. Changes made to the program in 2018 likely explain much of this trend.
https://lao.ca.gov/Publications/Report/5162

Special taxes. [Ballot]

Jan 27, 2026 - This could add several pages to the VIG and increase state printing and mailing costs by a few hundred thousand dollars per qualified initiative. Reimbursement Costs to State Auditor When Proposed Initiatives Fail.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - Billionaires living in California on January 1, 2026 would have to pay a one-time state tax equal to 5  percent of their net worth. The tax would be due in 2027. Taxpayers would have the option to spread the payments over five years, but would have to pay more to do so.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

Housing assistance program for certain University of California employees. [Ballot]

Oct 27, 2025 - The state contributed about $5  billion, and students paid about $4  billion in tuition. In April 2024, UC had about 272,000 employees at its ten university campuses, research centers, and other sites.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Figure 2 Governor ’s Budget Funds New CCC Capital Outlay Projects Proposition 2 Bond Funds (In Thousands) College $399,428 $747,686 a Community college districts issue local general obligation bonds to pay for a share of project costs. b Replacement buildings listed in this category involve adding space. c Center operated by Sequoias Community College District.
https://lao.ca.gov/Publications/Report/5159