The 2021-22 Budget: The Governor’s Suspension Proposal

Jan 29, 2021 - Figure 2 Programs or Augmentations Subject to Suspension and Proposed in Governor ’s Budget Program Use of Proposition  56 revenues for provider payment increases X Continued restoration of 7  percent service hour reduction X Extension of coverage for postpartum mental health X Non ‑enforcement of uniform holiday schedule
https://lao.ca.gov/Publications/Report/4328

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

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - The only limit on the amount of credits that eligible producers could claim under the proposed policy is the amount of their California diesel excise ta x liability —currently totaling about $1.5  billion across all producers —and the amount of SAF that could be produced or imported to California.
https://lao.ca.gov/Publications/Report/5139

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

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - The complaint alleged that CCHCS violated the Dills Act by (1) implementing an integrated Substance Use Disorder Treatment program and a Medication Assisted Treatment program without bargaining in good faith with the union and (2) failing to bargain in good faith before requiring all UAPD-represented primary care providers to obtain “X-Waivers” from the U.S.
https://lao.ca.gov/Publications/Report/5064

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

Managed care organization tax. [Ballot]

Oct 27, 2023 - Under California law, the new MCO tax would not go into effect without receiving federal approval to use the ta x to generate additional federal funds. Proposal Permanently Establishes MCO Tax. The measure would add provisions to California law permanently establishing an MCO tax.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-024

The 2022-23 California Spending Plan: Health

Oct 24, 2022 - The 2022-23 budget package also includes funding for various priorities of the Legislature, including (1) $40  million General Fund for the California Health Facilities Financing Authority to provide cash flow loans to non-designated state hospitals, (2) $20  million General Fund for a Los Angeles County reproductive health pilot program, (3) $15  million General Fund (increasing to $30  million
https://lao.ca.gov/Publications/Report/4642