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 - 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/Report/5042

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The CPUC is statutorily authorized (through the end of 2032) to annually collect up to $150 million in surcharge revenues for CASF program grants. The spending plan increases CPUC’s local assistance expenditure authority for CASF program grants from $72.6 million to $136.2 million in 2024-25 and ongoing.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - The CPUC is statutorily authorized (through the end of 2032) to annually collect up to $150 million in surcharge revenues for CASF program grants. The spending plan increases CPUC’s local assistance expenditure authority for CASF program grants from $72.6 million to $136.2 million in 2024-25 and ongoing.
https://lao.ca.gov/Publications/Report/4934

The 2023-24 Budget: CalRecycle’s Zero Waste Plan Proposal

Feb 28, 2023 - The legislation also phases in several product and recycling requirements by 2032, such as requiring that 100  percent of covered materials be recyclable or compostable. CalRecycle is charged with adopting the regulations necessary to implement the legislation.
https://lao.ca.gov/Publications/Report/4719

The 2022-23 Budget: State Payments on the Federal Unemployment Insurance Loan

Feb 15, 2022 - Under our high ‑cost scenario, the payoff occurs in 2032. Neither of these scenarios capture the possibility of another recession sometime this decade. Should that occur, payoff of the federal loan would extend well beyond 2032.
https://lao.ca.gov/Publications/Report/4543

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 - 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/Report/4950

Cannabis Tax Revenue Update (2025 Q1) [EconTax Blog]

Jun 3, 2025 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. This law also requires the administration to increase the retail excise tax rate to 19 percent effective July 1, 2025.
https://lao.ca.gov/LAOEconTax/Article/Detail/831

Cannabis Tax Revenue Update (2025 Q1) [EconTax Blog]

Jun 3, 2025 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. This law also requires the administration to increase the retail excise tax rate to 19 percent effective July 1, 2025.
https://lao.ca.gov/LAOEconTax/article/Detail/831