Federal Assistance for Businesses Affected by COVID-19

Apr 3, 2020 - Initially Provided $20  Billion for Emergency $10,000 EIDL Grants. The CARES Act also provided $10  billion to the EIDL program to provide emergency grants of up to $10,000 to small businesses that applied for a disaster loan.
https://lao.ca.gov/Publications/Report/4215

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

Apr 3, 2025 - Money Transmitters Program. Regulates, supervises, and examines businesses that receive money for transmission and sell or issue payment instruments and stored value. (These can include businesses that issue money orders and traveler ’s checks, as well as those that offer digital payments, such as PayPal and Stripe.)
https://lao.ca.gov/Publications/Report/5025

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

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

The 2021-22 Spending Plan: Housing and Homelessness

Oct 29, 2021 - Allocates 2  percent ($20  million per round) of funding to tribes. Allocates 18  percent of funding ($180  million per round) towards bonuses for entities that meet program goals, at the discretion of HCFC.
https://lao.ca.gov/Publications/Report/4468

The 2025-26 Budget: Department of Financial Protection and Innovation [Publication Details]

Apr 3, 2025 - In this post, we assess administration-proposed trailer bill language that would increase certain fees charged by the Department of Financial Protection and Innovation and make recommendations to help ensure the department has the resources it needs to meet its oversight and regulatory mission.
https://lao.ca.gov/Publications/Detail/5025

The 2022-23 Budget: Secretary of State Request to Waive Business Filing Fees

Feb 7, 2022 - The amount transferred to the General Fund has varied significantly year to year, ranging from $5  million in 2011 ‑12 to $36  million in 2017 ‑18. As a percentage of revenues, the transfer to the General Fund has varied from 9  percent of fee revenues in 2019 ‑20 to 41  percent of fee revenues in 2017 ‑18.
https://lao.ca.gov/Publications/Report/4516

Update on COVID-19 Spending in California

Nov 5, 2020 - The budget anticipates this change will result in lower total state General Fund costs of nearly $8  billion over 2019-20 and 2020-21. We consider this “flexible funding, ” because, essentially, these additional federal funds free up General Fund dollars that can be spent on any purpose.
https://lao.ca.gov/Publications/Report/4292

The 2023-24 Budget: Broadband Infrastructure

Mar 20, 2023 - Though the state ’s BEAD program allocation will not be available until the end of June, the state likely will receive up to 20  percent of its allocation by the end of 2023 ‑24. We anticipate this allocation to be in the tens if not hundreds of millions of dollars.
https://lao.ca.gov/Publications/Report/4747

The 2025-26 Budget: Governor’s Office of Service and Community Engagement

Mar 11, 2025 - College Corps provides each participating college student with up to $10,000 of financial aid for completing 450 hours of community service. The program currently partners with 45 campuses and serves about 3,400 students.
https://lao.ca.gov/Publications/Report/5015

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - In the 2023-24 session, the Legislature passed and the Governor signed Chapter  849 (AB  3218, Wood) and Chapter  462 (SB  1230, Rubio). These laws require the Attorney General to establish a list of unflavored tobacco products to simplify enforcement of the flavor ban.
https://lao.ca.gov/Publications/Report/4966