Understanding California Corporate Taxation: Net Operating Loss Deductions [EconTax Blog]

Aug 11, 2026 - Tax rules limit the use of NOLs following significant ownership changes, however, so losses cannot simply be transferred without restriction to any profitable purchaser. Carryforward treatment is therefore better understood as deferred recognition of losses contingent on future taxable income than as an upfr ont incentive for new business formation.
https://lao.ca.gov/LAOEconTax/Article/Detail/865

Major Higher Education Budget Developments [EdBudget]

Jul 28, 2026 - . — Adds $9.8 million one time to raise the Cal Grant Transfer Entitlement age cap from 28 to 30 for five years. — Adds $10 million one-time state General Fund for GSTG awards in high-need fields of study to be provided in 2027-28. — Approves reducing 2026-27 MCS award coverage to 17.5 percent of students' remaining need.
https://lao.ca.gov/Education/EdBudget/Details/1105

The 2011 Realignment of Adult Felony Populations: Results and Key Takeaways

Jun 30, 2026 - Under prior law, these VLF revenues were allocated to the Department of Motor Vehicles (DMV) ($300  million) for administrative purposes and to cities and Orange County ($153  million) for general purposes.
https://lao.ca.gov/Publications/Report/5191

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

May 29, 2026 - Proposition 98 Key Inputs and Outcomes Under the May Revision [EdBudget]   a Excludes nontax revenues and transfers, which do not affect the calculation of the guarantee.  b As set forth in the State Constitution, reflects change in per capita General Fund plus 0.5 percent. 
https://lao.ca.gov/Education/EdBudget/Details/1098

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - For example, all three segments participate in the Transfer Alignment Project to coordinate lower-division curriculum and streamline transfer pathways. Even the segment-specific work b eing done to improve learning outcomes is likely to have broader and more integrated results than Learning Lab ’s projects.
https://lao.ca.gov/Publications/Report/5171

Elections and the initiative process. [Ballot]

Mar 23, 2026 - Of this new revenue each year, (1) $40  million would be transferred to the state General Fund; (2)  of the remaining amount, hundreds of millions of dollars would pay for county and state elections administration costs; and (3)  all of the remaining billions of dollars would be used to supplement compensation earned by specified state and local government employees for their work related to the citizen initiative process.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-001

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - Those programs offered by non ‑LEA providers (community ‑based organizations, county welfare departments, and cities) are funded with non ‑Proposition  98 General  Fund. Child Care Programs Must Comply With Certain Federal Requirements.
https://lao.ca.gov/Publications/Report/5168

The 2026-27 Budget: Re-Envisioning State Education Governance [Publication Details]

Mar 18, 2026 - In this brief, we examine the Governor’s proposal to restructure state governance. The first section explains how the current system evolved and describes the main entities and their responsibilities. The second section reviews previous governance studies and explains how governance works in other contexts.
https://lao.ca.gov/Publications/Detail/5165

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - Governor Proposes Transferring Management of CDE to an Appointed Commissioner. Under the proposal, an education commissioner appointed by the Governor would assume management of CDE beginning January 1, 2027.
https://lao.ca.gov/Publications/Report/5165

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - Army Corps of Engineers and SWRCB and its nine regional boards issue permits to regulate dredged and fill materials and discharge (pollutants and stormwater) entering waterways from cities, industries, and farms.
https://lao.ca.gov/Publications/Report/5163