Increasing Oversight of the State Litigation Deposit Fund

Jan 28, 2021 - As shown in the figure below, the amount of money in the LDF at the end of the year has grown significantly over the past decade —reaching $ 633  m illion at the end of 2019 ‑20. This is because funds remain in the LDF until DOJ decides to make an allocation.
https://lao.ca.gov/Publications/Report/4322

Tribal gaming. [Ballot]

Dec 27, 2021 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in the outcome, and percentage games generally involve the house receiving a percentage of the money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

Gaming. [Ballot]

Dec 18, 2023 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in the outcome, and percentage games generally involve the house receiving a percentage of the money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Online sports wagering. [Ballot]

Oct 20, 2021 - Authorizes Actions Against Illegal Online Sports Wagering. The measure imposes a 15  percent tax on people in California who illegally make online sports wagers. This tax is applied to the amount a person bets.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

Housing assistance program for certain University of California employees. [Ballot]

Oct 27, 2025 - The UC employees who receive these home loans make monthly payments to UC to pay down the associated debt over time. UC Borrows From an Internal Account to Cover Program Costs. Typically, UC borrows some funds from its Short-Term Investment Pool (STIP) to issue home loans.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

Sports wagering. [Ballot]

Dec 18, 2023 - However, the state ’s ability to require tribes to make payments to state and local governments is generally limited to state and local governmental costs resulting from the authorization, regulation, and oversight of gaming activities; compensation to mitigate the negative impacts of gaming; and distribution to other tribes, among other things.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-031

California gaming activities. [Ballot]

Oct 1, 2021 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in the outcome, and percentage games generally involve the house receiving a percentage of money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-009

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - Real estate, pensions, and retirement accounts would be excluded from the tax. Most of the Money Set Aside for Health Care. Revenues from the wealth tax would be set aside in a special account. The state would decide how and when to spend the money but it would have to be spent on certain types of servi ces.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

Property tax rules for inherited property. [Ballot]

Oct 22, 2025 - The measure makes all types of inherited properties eligible for the special rules that prevent property tax increases. The special rules for vacation homes and most business prop erties would only apply to the first $1  million of combined property value as was the case prior to Proposition  19.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-017

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - Proposition  2 requires the state to make annual deposits into the Budget Stabilization Account (BSA), with amounts generally increasing when revenues —particularly those from capital gains —are higher.
https://lao.ca.gov/Publications/Report/5101