Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 11, 2026 - The data come from the state ’s Metrc “track and trace ” system for licensed cannabis. In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2025.
https://lao.ca.gov/Publications/Report/5189

Proposition 98 Spending Proposals Under May Revision [EdBudget]

May 29, 2026 - 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/1095

Proposition 98 Key Inputs and Outcomes Under the May Revision [EdBudget]

May 29, 2026 - b As set forth in the State Constitution, reflects change in per capita General Fund plus 0.5 percent.  c Accounts for required and discretionary changes to the Proposition 98 Reserve.  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/1098

Proposition 98 Funding Changes by Segment and Source [EdBudget]

May 29, 2026 - Proposition 98 Funding Changes by Segment and Source [EdBudget]     a Includes the portion of State Preschool funded through Proposition 98 and direct instructional services provided by state agencies. b Reflects the size of the deposit (+) or withdrawal (-) from the Proposition 98 Reserve established by Proposition 2 (2014).
https://lao.ca.gov/Education/EdBudget/Details/1097

The 2026-27 Budget: Permanent Business Credit Limitation [EconTax Blog]

May 18, 2026 - In response to budget pressures associated with the COVID-19 pandemic, the state imposed a temporary $5 million annual limitation on the use of business tax credits for tax years 2020 and 2021. Most recently, the state enacted another temporary $5 million annual limitation for tax years 2024 through 2026.
https://lao.ca.gov/LAOEconTax/Article/Detail/860

The 2026-27 Budget: Permanent Business Credit Limitation [EconTax Blog]

May 18, 2026 - In response to budget pressures associated with the COVID-19 pandemic, the state imposed a temporary $5 million annual limitation on the use of business tax credits for tax years 2020 and 2021. Most recently, the state enacted another temporary $5 million annual limitation for tax years 2024 through 2026.
https://lao.ca.gov/LAOEconTax/article/Detail/860

The 2026-27 Budget: Initial Comments on the Governor's May Revision

May 18, 2026 - In this report, we provide a summary of and comments on this revised budget, focusing on the overall condition of the state General Fund. Update (5/21/26): Upon further review and receipt of additional information from the administration, we estimate the amount of discretionary spending in the May Revision is $1.1 billion, rather than $1.3 billion.
https://lao.ca.gov/Publications/Report/5187/3

The 2026-27 Budget: Initial Comments on the Governor's May Revision

May 18, 2026 - In this report, we provide a summary of and comments on this revised budget, focusing on the overall condition of the state General Fund. Update (5/21/26): Upon further review and receipt of additional information from the administration, we estimate the amount of discretionary spending in the May Revision is $1.1 billion, rather than $1.3 billion.
https://lao.ca.gov/Publications/Report/5187/1

The 2026-27 Budget: Initial Comments on the Governor's May Revision

May 18, 2026 - The 2026-27 Budget: Initial Comments on the Governor's May Revision Initial Comments on the Governor's May Revision Appendix 2: General Fund Spending Solutions in the 2026-27 May Revision General Fund Spending Solutions (Fund Shifts) Proposed in the 2026 ‑27 May Revision (In Millions) Ongoing shift to special funds — Ongoing shift to special funds — Behavioral Health Services Fund
https://lao.ca.gov/Publications/Report/5187/2

The 2026-27 Budget: Initial Comments on the Governor's May Revision [Publication Details]

May 18, 2026 - In this report, we provide a summary of and comments on this revised budget, focusing on the overall condition of the state General Fund. Update (5/21/26): Upon further review and receipt of additional information from the administration, we estimate the amount of discretionary spending in the May Revision is $1.1 billion, rather than $1.3 billion.
https://lao.ca.gov/Publications/Detail/5187