The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - In this post, we assess the Governor’s proposed changes to the Community Corrections Performance Incentive grant program, commonly referred to as the SB 678 grant program, and provide our recommendations to modify the Governor’s proposal to better achieve the goals of the program.
https://lao.ca.gov/Publications/Report/5031

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

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

Jan 20, 2026 - [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed initiative related to oversight of certain public benefit artificial intelligence (AI) companies (A.G. File N o. 25-0033).
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

Achieving the Goals of the SB 678 County Probation Grant Program [Publication Details]

Oct 10, 2023 - In order to reduce admissions into state prison from people on county probation, the state enacted Chapter 608 of 2009 (SB 678, Leno) to establish the Community Corrections Performance Incentive grant program, commonly referred to as the SB 678 grant program.
https://lao.ca.gov/Publications/Detail/4806

Achieving the Goals of the SB 678 County Probation Grant Program

Oct 10, 2023 - In order to reduce admissions into state prison from people on county probation, the state enacted Chapter 608 of 2009 (SB 678, Leno) to establish the Community Corrections Performance Incentive grant program, commonly referred to as the SB 678 grant program.
https://lao.ca.gov/Publications/Report/4806

California labor law violations. [Ballot]

Nov 23, 2021 - On the other hand, trial courts could receive an increased number of appeals of Labor Com missioner decisions or an increased number of class-action lawsuits or other civil filings that otherwise would have been pursued as PAGA lawsuits.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-027

Temporary tax increases. [Ballot]

Jan 27, 2026 - [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed initiative related to temporary tax increases (A.G. File No. 25-0037, Amendment #1). Background Initiatives Can Raise Taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-037

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed initiative that would prohibit new taxes on financial assets and other personal property (A.G. File No. 25-00 41, Amendment #1).
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041