Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 11, 2026 - Figure 1 Amounts of Products Donated Under AB 2555 Exemption in 2025 Product
https://lao.ca.gov/Publications/Report/5189

Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details]

Jun 11, 2026 - Chapter 920 of 2024 (AB 2555, Quirk-Silva) renewed an existing tax exemption for certain donations of medical cannabis products. The law directs our office to submit an annual report containing data on three outcomes related to the exemptions: the number of medicinal cannabis patients served, the amount of medicinal cannabis products donated, and the amount of tax revenue lost.
https://lao.ca.gov/Publications/Detail/5189

Cannabis Tax Revenue Update (2026 Q1) [EconTax Blog]

May 27, 2026 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for First Quarter of 2026: $144 Million. For cannabis excise tax returns filed for the first quarter of 2026, the total amount of tax due is $144 million.
https://lao.ca.gov/LAOEconTax/article/Detail/861

Cannabis Tax Revenue Update (2026 Q1) [EconTax Blog]

May 27, 2026 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for First Quarter of 2026: $144 Million. For cannabis excise tax returns filed for the first quarter of 2026, the total amount of tax due is $144 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/861

The 2026-27 Budget: K-12 Mandates

May 1, 2026 - In March  2024, the Commission found that requirements added by Chapter  664 of 2021 (AB  367, Garcia) impose a reimbursable state-mandated program, beginning January 1, 2022. Chapter  664 expands upon the previous requirements to stock public school restrooms with menstrual products in two ways.
https://lao.ca.gov/Publications/Report/5179

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - Under this time line, the administration estimates BPPE would make annual payments of $1.9  million from 2026-27 through 2031-32, with those payments totaling $11.5  million (including interest) across the six-year period.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - Governor ’s Proposal The Governor proposes $11.2  million in 2026-27, growing to $12  million annually thereafter through 2031-32, from the General Fund to support LCI ’s existing administrative and policy workload and to implement statutorily required activities.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - The 2024-25 spending plan amended and added substantial new statutory language establishing the permanent rate structure —referred to as the Tiered Rate Structure —and extending the duration of the interim rate period until permanent rates can be implemented (Chapter  46 of 2024 [AB  161, Committee on Budget]).
https://lao.ca.gov/publications/report/5147

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - H.R. 1 gradually reduces the federal revenue limit on provider taxes beginning in federal fiscal year 2028 (roughly corresponding to California ’s 2027 ‑28 fiscal year), until the limit reaches nearly half its current level by federal fiscal year 2032 (roughly corresponding to California ’s 2031 ‑32 fiscal year).
https://lao.ca.gov/Publications/Report/5146

Cannabis Tax Revenue Update (2025 Q4) [EconTax Blog]

Feb 26, 2026 - Chapter 56 of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Fourth Quarter of 2025: $145 Million. The administration currently estimates that retail excise tax revenue was $145 million in the fourth quarter of calendar year 2025 (October through December).
https://lao.ca.gov/LAOEconTax/article/Detail/851