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

^[PDF] The Tribal Government Gaming and Economic Self-Sufficiency Act of 1998, Amendment No. 1-NS

Thus, any Indian tribe requesting a tribal- state compact for Class III gambling would not be limited to the provisions of the com- pact discussed above—other than the scope of Class III gambling. Hon.
https://lao.ca.gov/ballot/1998/980065_INT.pdf

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

Tribal gaming. [Ballot]

Dec 27, 2021 - This is because a federal court previously determined that the payments required by certain tribal-state com pacts into the state ’s General Fund for use at the state ’s discretion generally were an illegal tax prohibited under federal law.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-039

^[PDF] The Gaming Control Act of 1998

Existing law prohibits (1) games of chance and wagering that comprise what is com- monly referred to as casino-style gambling (such as roulette, craps, blackjack, and slot machines) and (2) progressive jackpots (where part of each card game’s “pot” of win- nings is carried over to successive games).
https://lao.ca.gov/ballot/1998/980074_INT.pdf

^[PDF] The Gaming Control Act

Existing law prohibits (1) games of chance and wagering that comprise what is com- monly referred to as casino-style gambling (such as roulette, craps, blackjack, and slot machines) and (2) progressive jackpots (where part of each card game’s “pot” of win- nings is carried over to successive games).
https://lao.ca.gov/ballot/1998/980075_INT.pdf

The 2017-18 Budget: Resources and Environmental Protection

Feb 15, 2017 - In this report, we assess many of the Governor's 2017-18 budget proposals in the resources and environmental protection areas and recommend various changes. We provide a complete listing of our recommendations at the end of this report.
https://lao.ca.gov/Publications/Report/3558

The 2025-26 California Spending Plan: Transportation

Oct 16, 2025 - The budget also provides Caltrans with $17.6  million on a one-time basis from the State Highway Account for the Games Route Network and other related highway improvements. Additionally, SB  128 appropriates $1,000 from the State Highway Account for Caltrans to fund capital projects that support the Games Route Network.
https://lao.ca.gov/Publications/Report/5077

Artificial intelligence (AI) and child safety. [Ballot]

Dec 12, 2025 - The law excludes certain chatbots, such as those used solely for customer service, business operations, video game interactions limited to game-related topics, and stand-alone voice-activated virtual assistants that do not maintain relationships across interactions.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025