The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - Federal Light ‑Duty Incentive Program Expired in Late September 2025. In recent years, the federal government has offered financial incentives to encourage ZEV purchases. Most recently, the federal Inflation Reduction Act included a tax credit of up to $7,500 per vehicle for the purchase of new light ‑duty ZEVs and up to $4,000 per vehicle for the purchase of used light ‑duty ZEVs.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - The budget proposes $200  million on a one ‑time basis ($115  million from GGRF and $85  million from the Air Pollution Control Fund [APCF]) to create a new incentive program for light ‑duty vehicles.
https://lao.ca.gov/Publications/Report/5116

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - A Look at Prior Downturns Can Shed Light on Magnitude of Risk to State Budget.   Understanding how past stock market downturns have translated into income tax revenue shortfalls is important context for anticipating the risks that any future correction in AI-driven valuations might pose.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - A Look at Prior Downturns Can Shed Light on Magnitude of Risk to State Budget.   Understanding how past stock market downturns have translated into income tax revenue shortfalls is important context for anticipating the risks that any future correction in AI-driven valuations might pose.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive [Publication Details]

Feb 24, 2026 - In this piece, we review the Governor's proposal to provide $200 million to create a new point-of-sale incentive program for light-duty zero-emission vehicles.
https://lao.ca.gov/Publications/Detail/5140

The 2026-2027 Budget: California Cannabis Control Appeals Panel Permanent Funding Request

Feb 11, 2026 - In 2018-19, CCAP asserted that in light of the thousands of applications that were being received by DCC at the time, that “hundreds of appeals ” would follow. In actuality, CCAP reports that the panel heard no cases that year.
https://lao.ca.gov/Publications/Report/5119

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Proposes $115  million to create a new light ‑duty ZEV incentive program . (The Governor also proposes providing $85 million from the Air Pollution Control Fund—similarly freed up from undoing the previously‑approved MVA fund transfer—to support this new ZEV program, for a total of $200 million.)
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - In light of the state ’s budget condition —and as we discuss in greater detail in our recent publication, The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget —we recommend the Legislature apply a very high bar to its review of new proposals.
https://lao.ca.gov/Publications/Report/5120

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - In light of what is known to date about the new federal rules, we recommend the Legislature treat the administration ’s assumptions around the health plan tax and private hospital fee as a reasonable starting point.
https://lao.ca.gov/Publications/Report/5146

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - If the Legislature is concerned about the potential for a short-term spike in the program ’s fiscal costs, especially in light of the state ’s structural budget issues, some modifications could be considered.
https://lao.ca.gov/Publications/Report/5162