The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Chapter  781 of 2023 (SB  401, Lim ón) requires DFPI to regulate digital financial asset transaction kiosks. DFPI is expected to begin licensing under this program on July 1, 2026. Majority of Funding for DFPI Comes from Financial Protection Fund.
https://lao.ca.gov/Publications/Report/5025

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The budget includes $14  million (FPF) annually in 2024-25 and 2025-26 for the continued implementation of Chapter  157 of 2020 (AB  1864, Lim ón) —also known as the CCFPL. The CCFPL authorizes DFPI to promulgate regulations requiring a registration process for businesses offering consumer financial products or services that were previously unregulated.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The budget includes $14  million (FPF) annually in 2024-25 and 2025-26 for the continued implementation of Chapter  157 of 2020 (AB  1864, Lim ón) —also known as the CCFPL. The CCFPL authorizes DFPI to promulgate regulations requiring a registration process for businesses offering consumer financial products or services that were previously unregulated.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

Psilocybin legalization. [Ballot]

Jun 29, 2023 - Currently, there are very lim ited data specifically for psilocybin-related offenses. However, we estimate that the number of people in state prison and county jail for such offenses is very minor relative to t he overall prison and jail population.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-004

Summary of Major 2022 Climate and Energy Legislation

Jan 6, 2023 - Chapter  336 of 2022 (SB  1314, Lim ón): Prevents Use of Captured CO2 in Oil Extraction. Senate Bill  1314 prohibits the use of captured CO2 in enhanced oil recovery in California, a strategy for extracting crude oil when it cannot be extracted by other technologies.
https://lao.ca.gov/Publications/Report/4660

The 2022-23 California Spending Plan: Proposition 98

Oct 24, 2022 - Model curricula for these topics is required by Chapter  686 of 2018 (SB  895, Nguyen) and Chapter  614 of 2017 (AB  738, Lim ón). The funds are administered by CDE and are to be split equally across the four model curricula.
https://lao.ca.gov/Publications/Report/4641

The 2022-23 California Spending Plan: Resources and Environmental Protection

Oct 10, 2022 - Second, it includes $25  million annually for three years for the Outdoor Equity Grants Program authorized by Chapter  675 of 2019 (AB  209, Lim ón). This program, which also received one-time funding in 2020-21, provides grants to local public entities and nonprofit organizations to provide outdoor educational experiences to underserved and at-risk youth.
https://lao.ca.gov/Publications/Report/4633

State and local government tax rules. [Ballot]

Nov 22, 2021 - In these cases, these charges can be increased or changed by the department within certain lim its. Local Government Taxes and Fees. The largest local government tax is the property tax, which raises roughly $75  billion annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-026

The 2021-22 Spending Plan: Natural Resources and Environmental Protection

Oct 18, 2021 - The package also includes $40  million for the Outdoor Equity Grants Program authorized by Chapter  675 of 2019 (AB  209, Lim ón). This program, which also received one-time funding in 2020 ‑21, provides grants to local public entities and nonprofit organizations to provide outdoor educational experiences to underserved and at-risk youth.
https://lao.ca.gov/Publications/Report/4463

Psilocybin legalization. [Ballot]

Sep 1, 2021 - Currently, there are very lim ited data specifically for psilocybin-related offenses. However, we estimate that the number of such offenders currently in state prison and county jail is very minor relative to t he overall prison and jail population.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-005