The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - The 2025-26 Budget: Department of Real Estate Department of Real Estate Background Department of Real Estate (DRE) Both Licenses and Regulates Real Estate Licensees. In California, real estate salespersons and brokers, mortgage lenders, and rental property managers must have a license issued by DRE in order to do business.
https://lao.ca.gov/Publications/Report/5019

The 2025-26 Budget: Department of Real Estate [Publication Details]

Mar 19, 2025 - The 2025-26 Budget: Department of Real Estate [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5019

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Instead, our forecast includes income tax collections that are somewhat weaker than suggested by cash trends, but still tens of billions of dollars above where they would be if stocks actually drop significantly.
https://lao.ca.gov/Publications/Report/5091

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

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

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 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - CDCR Also Continuing to Operate Excess APP and ICF Bed Capacity. As shown in Figure   4 , CDCR is also operating excess capacity in other types of inpatient beds, including 205 APPs, 327  ICFs at both men ’s prisons and state hospitals, 32  APP/ICF beds at women ’s prisons, and 13 APP/ICF beds for the condemned population.
https://lao.ca.gov/Publications/Report/4986

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - Personal property is all the things that people own other than real estate. For example, the state taxes owners of cars and trucks. Similarly, local governments tax owner s of boats and business equipment.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

The 2024-25 Budget: CalWORKs

Mar 4, 2024 - LAO Assessment ESE Elimination May Impact Employment and Earnings of Some CalWORKs Recipients. As mentioned, about 1,240 individuals participated in ESE each month in 2022 ‑23. Additionally, ESE has helped some participants secure higher ‑paying employment.
https://lao.ca.gov/Publications/Report/4872

Online sports wagering. [Ballot]

Oct 20, 2021 - This tax is applied to the amount a person bets. Additionally, the measure authorizes DOSBC to take va rious enforcement actions, including requiring people making such bets to register with DOSBC, requiring entities illegally offering online sports wagering to disclose the names of people who make wagers with them, and blocking access to illegal sites accepting sports wagers.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017