2002 Initiative Analysis: Jarvis-Simon Homeowners and Renters Tax Relief Act

The IOUs’ growing indebtedness led to credit downgrades, which com plicated their ability to buy electricity. To address this problem, Chapter  4x, Statutes of 2001 (AB 1x, Keeley), authorized the state Department of Water Resources to assume a limited-term responsibility for purchasing electricity in the wholesale market on behalf of the state’s three largest IOUs.
https://lao.ca.gov/ballot/2002/020869_INT.htm

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

Diablo Canyon Nuclear Power Plant Seismic Study Review (See April Finance Letter for Update)

Apr 27, 2011 - CPUC Has No Seismic Technical Expertise But Would Like to Review PG &E 's Study. CPUC lacks the technical expertise to interpret the study which they have required of PG &E. Nonetheless, they would like to review the study.
https://lao.ca.gov/Recommendations/Details/285

April Finance Letter: Diablo Canyon Nuclear Power Plant Seismic Study Review

Apr 27, 2011 - CPUC Has No Seismic Technical Expertise But Would Like to Review PG &E 's Study. CPUC lacks the technical expertise to interpret the study which they have required of PG &E. Nonetheless, they would like to review the study.
https://lao.ca.gov/Recommendations/Details/402

^[PDF] The Ratepayer Revolt Initiative

Specifically, PG&E declared bankruptcy in April of 2001 and the bankruptcy court has not yet approved a bankruptcy plan that would govern what portion of these losses would be recoverable from ratepayers.
https://lao.ca.gov/ballot/2002/020869_INT.pdf

^[PDF] Proposition 7--The Solar and Clean Energy Act of 2008

Californians generally receive their electricity service from one of three types of providers: Investor-owned utilities (IOUs), including PG&E, Southern – California Edison, and San Diego Gas and Electric, which provide 68 percent of retail electricity service.
https://lao.ca.gov/handouts/resources/2008/Proposition%207_91008.pdf

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

Summary of Major 2022 Climate and Energy Legislation

Jan 6, 2023 - At the state ’s direction, PG &E pursued funds to repay the loan from the federal Civil Nuclear Credit Program administered by the U.S. Department of Energy, and the utility was awarded a $1.1  billion grant in November 2022.
https://lao.ca.gov/Publications/Report/4660