The 2024-25 Budget: CalWORKs

Mar 4, 2024 - Currently, WINS costs roughly $25 million annually. Because WINS is an MOE‑funded program, WINS households help California meet its WPR requirements. However, the FRA set new rules for programs like WINS.
https://lao.ca.gov/Publications/Report/4872

Gaming. [Ballot]

Dec 18, 2023 - 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). However, the state would have some limited regulatory authority as well.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Tribal gaming. [Ballot]

Dec 27, 2021 - 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). However, the state would have some limited regulatory authority as well.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

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

Online sports wagering. [Ballot]

Oct 20, 2021 - This tax is applied to the amount of sports wagers made after deducting (1)  any wagers made with free bets or promotional credits (such as a wager made with funds provided by a gaming operator to a player as a promotion), (2)  players ’ winnings and prizes, and (3)  all federal gaming taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

The 2024-25 Budget: Overview of the Federal Fiscal Responsibility Act's Impacts on CalWORKs

Mar 5, 2024 - About 178,000 WINS cases also met TANF work requirements, creating a total TANF/MOE-funded cash assistance caseload of approximately 624,000. Between federal fiscal year 2014 ‑15 and 2022 ‑23, the TANF/MOE-funded cash assistance caseload declined by almost 40  percent, as shown in figure  4.
https://lao.ca.gov/Publications/Report/4877

California gaming activities. [Ballot]

Oct 1, 2021 - This tax is applied to the amount of sports wagers made after deducting any payouts of winnings. The measure also imposes an additional 1 percent assessment —up to $10 million —to support problem gaming programs.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-009

Contracting with attorneys. [Ballot]

Dec 17, 2025 - Payment on a contingency basis typically occurs only if an attorney wins or settles a case. After deducting up-front litigation costs (such as court fees), attorneys are paid an agreed-upon percentage of the money that their client receives after winning or settling the case.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-027

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/article/Detail/852