Summary of Major 2022 Climate and Energy Legislation

Jan 6, 2023 - Extended Operations at Diablo Canyon Power Plant Background. The Diablo Canyon Power Plant (DCPP), owned and operated by the Pacific Gas and Electric Company (PG &E), is California ’s last operating nuclear power plant, containing two large units.
https://lao.ca.gov/Publications/Report/4660

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

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

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 7 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Resources and Environment General Fund (In Millions) Emergency surge (helitanker contract component) $45 Clean Energy Reliability Investment Plan (SB 846) 100 Diablo Canyon land use planning — Coastal resilience SB 1 implementation 55 Clean Cars 4 All and
https://lao.ca.gov/Publications/Report/4788/4

The 2023-24 Budget: Proposed Energy Policy Changes

Mar 10, 2023 - In addition to these budget actions, Chapter  239 of 2022 (S B  846 , Dodd) authorized the extension of the Diablo Canyon Power Plant (DCPP) —which was scheduled to retire by 2025 —through 2030. Diablo  Canyon is California ’s last remaining nuclear power plant, and the state has identified it as a valuable near ‑term source of zero ‑carbon energy during the transition to greater renewable resources.
https://lao.ca.gov/Publications/Report/4735

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

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - Under SCFF, districts receive apportionment funding for regular credit courses based on three components: (1)  a base allocation linked to  enrollment, (2)  a supplemental allocation linked to low ‑income student counts, and (3)  a student success allocation linked to specified student outcomes.
https://lao.ca.gov/Publications/Report/5150

Assessment of CSU’s Graduation Initiative 2025

Dec 10, 2025 - Moreover, CSU ’s allocation factors have varied from strongly linked with program objectives (for example, Pell Grant counts) to not linked (for example, providing a flat amount to every campus regardless of need or performance).
https://lao.ca.gov/Publications/Report/5099

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - In addition to reductions, the spending plan delays some funding to future years and shifts the funding source for several programs from the General Fund to GGRF, including for the Clean Energy Reliability Investment Plan (CERIP), Diablo Canyon Power Plant (DCPP) Land Conservation and Economic Development Plan, and oil and gas well capping.
https://lao.ca.gov/Publications/Report/4928