2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 [EconTax Blog]

Dec 3, 2025 - California ’s Technology Sector California ’s Tech Companies Have Become the World ’s Most Valuable Companies. The state ’s five largest tech companies —Apple, Google, Nvidia, Broadcom, and Meta —are currently worth $15 trillion.
https://lao.ca.gov/LAOEconTax/article/Detail/843

2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 [EconTax Blog]

Dec 3, 2025 - California ’s Technology Sector California ’s Tech Companies Have Become the World ’s Most Valuable Companies. The state ’s five largest tech companies —Apple, Google, Nvidia, Broadcom, and Meta —are currently worth $15 trillion.
https://lao.ca.gov/LAOEconTax/Article/Detail/843

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - Learning Lab indicates these grants will operate through June 2028 and will focus on semiconductor design, public interest technology, quantum science, and agriculture technology. Apart from this grant round, Learning Lab had begun analyzing how to ramp down its activities consistent with last year ’s agreement to stop funding the program beginning in 2026-27.
https://lao.ca.gov/Publications/Report/5171

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

Mar 9, 2026 - The current run-up in stock prices is similarly concentrated in Silicon Valley technology companies, raising the risk of an outsized revenue loss if that market corrects sharply. With the concentration of stock market gains in technology companies, any event that shakes mar ket confidence, including things beyond waning enthusiasm about AI, could be detrimental to state revenues.    
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The current run-up in stock prices is similarly concentrated in Silicon Valley technology companies, raising the risk of an outsized revenue loss if that market corrects sharply. With the concentration of stock market gains in technology companies, any event that shakes mar ket confidence, including things beyond waning enthusiasm about AI, could be detrimental to state revenues.    
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - 911 Will Continue to Evolve Technologically —Meaning Ongoing Oversight Is Likely Necessary. Although the underlying technologies that enabled the legacy 911 system stayed (relatively) constant for a period, the advent and diffusion of IP ‑based technologies invite a more dynamic view.
https://lao.ca.gov/Publications/Report/5145

Oversight of certain nonprofit charities and related entities. [Ballot]

Jan 20, 2026 - This measure could impact the taxes paid by technology companies or their employees. California-based companies could make changes to their operations in response to the measure ’s requirements. For example, the increased oversight could limit how covered entities use their assets or develop technology.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - STEM = science, technology, engineering, and math. DB = design-build. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/1025

The 2024-25 Budget: IS and IT Project Proposal Tables

Feb 9, 2024 - The 2024-25 Budget: IS and IT Project Proposal Tables The 2024‑25 Budget IS and IT Project Proposal Tables These tables summarize the information security (IS) and information technology (IT) project proposals in the Governor ’s 2024-25 Budget.
https://lao.ca.gov/Publications/Report/4836

Oversight of certain frontier artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The commission would consist of seven appointed members who must meet specified qualification requirements, such as demonstrated expertise in AI technology, AI safety, economics of technological change , or corporate governance.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034