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Economy and Taxes (3)
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The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - These costs could take the form of lower spending on other programs or higher taxes or fees. For example, if CDTFA spends all of the money that the Governor has proposed, the department might need to raise tobacco r etail license fees as soon as 2027 ‑28.
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - Typically, the process for determining whether a law or regulation is a state-reimbursable manda te takes several years. State law further requires our office to analyze any new mandates identified by the Commission as a part of our annual analysis of the state budget.
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Having a large stockpile of credits allows GO-Biz to be flexible and take advantage of periods where there is a higher number of suitable applicants. If the yearly credit allocation was capped at $180  million, then the state could potentially miss the opportunity to incentivize projects with a positive return to the state.
https://lao.ca.gov/Publications/Report/5162