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

Jan 20, 2026 - File N o. 25-0033). Background AI and AI Companies. AI refers broadly to technologies that enable computer systems to perform tasks that typically require human intelligence, such as generating content, identifying patterns, or mak ing predictions from data.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

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

Home Prices Update: September 2021 [EconTax Blog]

Oct 20, 2021 - California has seen higher 12-month growth rates before: price growth topped out at 25.2 percent in 2004 and 23.7 percent i n 2013. In contrast, the nation ’s highest previous growth rate since 1996 (the first year in Zillow ’s database) was 11.9 percent in 2005.
https://lao.ca.gov/LAOEconTax/Article/Detail/706

Residency rules for state personal income tax purposes. [Ballot]

Jan 27, 2026 - These commonly include wages for temporary work performed i n the state, owner income from businesses based in the state, and capital gains from selling real estate they own in the state. Nonresidents pay about 5  percent of all state income taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-039

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - Since the cap-and-invest program was created through the passage of Chapter  488 of 2006 (AB  32, N ú ñez), it has served as one of the state ’s core policies intended to help it achieve its ambitious greenhouse gas reduction goals.
https://lao.ca.gov/Publications/Report/5120

Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - About another one-third of state spending is for health and huma n services programs, mainly for the state ’s health insurance program for low-income residents, Medi-Cal. The rest goes mostly to prisons, parole programs, and courts.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - As such, while budgeted SUN Bucks spending remains relatively flat from summer 2024 to summer 2025, the change in implementatio n schedule from summer 2025 to summer 2026 results in an increase in budgeted SUN Bucks spending in 2025-26 (compared to 2024-25).
https://lao.ca.gov/Publications/Report/5086/3

Building California’s Behavioral Health Infrastructure: Progress Update and Opportunities for the Proposition 1 Bond

Feb 5, 2025 - We use the same classification system as the RAND Corporation, due to our reliance on their work in estimating regional shortfalls i n inpatient mental health facility capacity. Acute care facilities provide relatively short ‑term care to those with the highest needs.
https://lao.ca.gov/Publications/Report/4954