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Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - This is important because whether CARB could have continued the program beyond 2030 absent explicit statutory authority —under the broad powers it has been granted by the Legislature —had been subject to some legal uncertainty.
https://lao.ca.gov/Publications/Report/5097

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - While the costs of generating electricity from renewable resources have declined in recent years, this transition still has added costs for ratepayers. In our January 2020 report, Assessing California’s Climate Policies ‑ Electricity Generation ,we found that RPS costs resulted in an almost 5 percent increase in overall retail rates for IOU customers, which was generally consistent with national studies of RPS programs in other states.
https://lao.ca.gov/Publications/Report/4950

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - Requires fleets to phase out the operation of the majority of their Large Spark ‑Ignition (LSI) powered forklift equipment and prohibits fleets from adding new LSI  forklifts after specified cut ‑off dates.
https://lao.ca.gov/Publications/Report/4980

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Most notably, because including state operations expenditures as part of Tier 1 means they receive first priority for available GGRF, adding new activities to this category can have the effect of gradually “crowding out ” other GGRF ‑funded programs and activities.
https://lao.ca.gov/Publications/Report/5114

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

Mar 18, 2026 - One of several goals the Legislature expressed for the Delta through approval of the Delta Reform Act in 2009 (Chapter 5 [SB X7 1, Simitian]) was accelerating the process for determining flow needs to protect public trust resources.
https://lao.ca.gov/Publications/Report/5163

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081

The 2026-27 Budget: Permitting Support at the State Water Resources Control Board

Mar 2, 2026 - For example, SWRCB reports that out of all dredge/fill permit applications received, the share of state-only permit applications increased from about 5  percent before Sackett to about 20  percent after that decision.
https://lao.ca.gov/Publications/Report/5144

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

Feb 24, 2026 - There also are a number of other refiners in the United States that currently produce RD and could, with the purchase of some ad ditional equipment, be converted to produce SAF in addition to, or instead of, RD.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - This amount was approved via three different 2025 budget actions: (1) $181  million provided through Chapter  2 of 2025 (A B  100 , Gabriel) (these funds were available for departments to spend during the final few months of 2024 ‑25), (2) $2.9  million through Chapter  5 of 2025 (A B  102 , Gabriel), and (3) $3.3  billion through Chapter  104 of 2025 (S B  105 , Wiener).
https://lao.ca.gov/Publications/Report/5115