Assessing California’s Climate Policies—Cap-and-Trade Reauthorization [Publication Details]

May 7, 2025 - This report is intended to help inform legislative decision-making around reauthorization of the cap-and-trade program. It is submitted pursuant to Chapter 135 of 2017 (AB 398, Garcia), which requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets.
https://lao.ca.gov/Publications/Detail/5042

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization

May 7, 2025 - Assembly Bill  32 gave CARB almost complete discretion over how to design the cap ‑and ‑trade program. Since the program ’s establishment, much of the Legislature ’s role has revolved around how to spend GGRF revenues, including establishing ongoing statutory allocations and selecting discretionary allocations on an annual basis.
https://lao.ca.gov/Publications/Report/5042

Assessing California’s Climate Policies—Residential Electricity Rates in California [Publication Details]

Jan 7, 2025 - This report explores key questions that frequently emerge around residential electricity rates in California, including why electricity rates are relatively high, some resulting implications for ratepayers and state climate change goals, and notable emerging issues.
https://lao.ca.gov/Publications/Detail/4950

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

Jan 7, 2025 - Chapter  488 of 2006 (A B  32 , N ú ñez) established the goal of limiting GHG emissions statewide to  1990 levels by 2020. In 2016, Chapter  249 (S B  32 , Pavley) extended the limit to  40  percent below  1990 levels by  2030.
https://lao.ca.gov/Publications/Report/4950

Assessing California's Climate Policies [Publication Details]

May 7, 2025 - Assessing California's Climate Policies [Publication Details] HTML Description: Chapter 135 of 2017 (AB 398, E. Garcia), requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets and on the state’s progress towards achieving those targets.
https://lao.ca.gov/Publications/Detail/5072

Ethnic studies course at the California State University. [Ballot]

May 15, 2025 - Chapter 32 of 2020 (AB 1460, Weber) requires CSU undergraduates to complete a three-unit ethnic studies course to graduate. The ethnic studies course could not increase the total n umber of units required to graduate.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-003

Cannabis Tax Revenue Update (2025 Q2) [EconTax Blog]

Sep 15, 2025 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. As required by this law, the administration raised the retail excise tax rate to 19 percent on July 1, 2025.
https://lao.ca.gov/LAOEconTax/article/Detail/838

Cannabis Tax Revenue Update (2025 Q2) [EconTax Blog]

Sep 15, 2025 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. As required by this law, the administration raised the retail excise tax rate to 19 percent on July 1, 2025.
https://lao.ca.gov/LAOEconTax/Article/Detail/838

New Higher Education Reporting Requirements [EdBudget]

Jul 21, 2025 - New Higher Education Reporting Requirements [EdBudget]     a BBL refers to budget bill language contained in the 2025-26 Budget Act, as enacted by Chapter 4 of 2025 (SB 101, Wiener) and amended by Chapter 5 of 2025 (AB 102, Gabriel).
https://lao.ca.gov/Education/EdBudget/Details/977

Firearms and Ammunition Revenue Update (2025 Q2) [EconTax Blog]

Aug 18, 2025 - Firearms and Ammunition Revenue Update (2025 Q2) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q2) August 18, 2025 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/Article/Detail/836