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

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The three minor downturns  (1981, 1987, and 1990) led to income tax declines of less less than 10 percent (average of 5 percent), with revenues recovering quickly. The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent).
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The three minor downturns  (1981, 1987, and 1990) led to income tax declines of less less than 10 percent (average of 5 percent), with revenues recovering quickly. The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent).
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Amid these conditions, California businesses have pared back hiring, resulting in no payroll job growth in the state so far this year. California consumers similarly are limiting spending, with sales of taxable goods flat over the last year.
https://lao.ca.gov/Publications/Report/5091

Gaming. [Ballot]

Dec 18, 2023 - Tribes that choose to adopt the model compact agreement to govern in-person and/or online sports wagering would have the primary responsibility to regulate sports wagering. For exa mple, such tribes would be responsible for reviewing what games or bets can be offered and what rules would apply (such as how payouts for winning wagers are calculated).
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Tribal gaming. [Ballot]

Dec 27, 2021 - Tribes that choose to adopt the model compact agreement to govern in-person and/or online sports wagering would have the primary responsibility to regulate sports wagering. For exa mple, such tribes would be responsible for reviewing what games or bets can be offered and what rules would apply (such as how payouts for winning wagers are calculated).
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - One potential interpretation is that the state is making high risk-high reward bets on businesses. While many of these bets do not pan out, the ones that do can be successful enough to yield overall benefits for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

Sports wagering. [Ballot]

Dec 18, 2023 - Key details of the bill and/or compacts that could significantly impact the magnitude of the fiscal effects include: the specific sports wagering activities which are authorized (such as whether both in-person and online sports wagering are permitted as well as the types of games that may be bet upon), the regulatory structure adopted, and the specific payments required.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-031

The 2026-27 Budget: California Competes Extension

Mar 18, 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/Publications/Report/5162

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - Additionally, the spending plan makes job search an optional initial activity for WTW participants. These changes are aimed at allowing participants to more quickly move into WTW activities most appropriate for their skills, previous education, and circumstances.
https://lao.ca.gov/Publications/Report/5086/2