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

Rideshare companies. [Ballot]

Dec 17, 2025 - This measure would require rideshare companies to publish monthly the number of sexual misconduct and assault incidents involving their passengers and drivers on their websites and submit them to CPUC.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-029

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

The 2026-27 Budget: Department of Justice

Feb 11, 2026 - As of July 2027, it also requires the licensed firearms dealer check that a purchaser is allowed to possess firearms and record certain information, such as the date of the purchase. It also directs DOJ require licensed firearms dealers charge a fee of up to $5 per check (not to exceed actual processing costs).
https://lao.ca.gov/Publications/Report/5118

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System [Publication Details]

Feb 27, 2026 - This brief summarizes the history, costs, and current status of the state’s effort to deploy a Next Generation 911 system and assesses the administration’s proposal to abandon the existing regional approach in favor of a statewide model. It also offers recommendations regarding legislative oversight of this project and the long-term governance of the state’s 911 system.
https://lao.ca.gov/Publications/Detail/5145

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - Funding for the state ’s 911 system comes from a monthly surcharge on telephone customers deposited in the State Emergency Telephone Number Account (SETNA). The 911 surcharge is established each fall by OES, though current law caps the surcharge at 80 cents.
https://lao.ca.gov/Publications/Report/5145

The 2022-23 California Spending Plan: Resources and Environmental Protection

Oct 10, 2022 - Finally, it provides $13.5  million for the State Parks Pass Program, which provides state park passes that can be checked out at libraries. California Cultural and Art Installation in Parks Program.
https://lao.ca.gov/Publications/Report/4633

The 2022-23 Budget: Department of Justice Proposals

Feb 11, 2022 - This includes background checks when purchasing firearms and ammunition to ensure the purchaser is not a prohibited person, a ten ‑day waiting period before a dealer may give a firearm to a buyer, and requirements for the recording and reporting of firearm and ammunition  sales.
https://lao.ca.gov/Publications/Report/4527

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