Results from the past 5 years


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Online sports wagering. [Ballot]

Oct 20, 2021 - The measure allows entities to annually deduct from their online sports wagering tax payment up to 20  percent of the amount they paid in initial and renewal license fees.  Under this measure, all of these revenues would be deposited into a new special fund, the California Online Sports Betting Trust Fund (COSBTF).
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

Gaming. [Ballot]

Dec 18, 2023 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in the outcome, and percentage games generally involve the house receiving a percentage of the money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-030

Tribal gaming. [Ballot]

Dec 27, 2021 - For those under the state law framework, the measure authorizes CGCC to develop and implement various regulations —such as the types of bets that can be offered, licensing requirements, and consumer protection requirements.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

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's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

California gaming activities. [Ballot]

Oct 1, 2021 - Banking games generally involve players betting against the “house, ” who is a participant in the game with an interest in the outcome, and percentage games generally involve the house receiving a percentage of money involved in the game.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-009

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

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [Publication Details]

Mar 3, 2026 - The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [Publication Details] The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Format: HTML Description: For 2026-27, the Governor’s budget proposes $3.6 billion from the General Fund for the state’s share of SSI/SSP—an increase of $94 million (2.7 percent) from the Governor’s revised 2025-26 budget estimate.
https://lao.ca.gov/Publications/Detail/5148

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Summary For 2026-27, the Governor ’s budget proposes $3.6  billion from the General Fund for the state ’s share of SSI/SSP —an increase of $94  million (2.7  percent) from the Governor ’s revised 2025-26 budget estimate.
https://lao.ca.gov/Publications/Report/5148