The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - It provides nonrefundable tax credits to companies in exchange for a commitment to increase employment and investment in the state over several years. More specifically, the objective of the program is to influence a business ’s decision to make investments in California that would have been made in another state, or not at all, absent the credit.
https://lao.ca.gov/Publications/Report/5162

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - The SWP provides water to 29 different public water agencies that enter into contracts to receive water ( “contractors ”) and the CVP provides water to more than 250 contractors (public water agencies, irrigation districts, local governments, and private farms/companies) in 29  counties.
https://lao.ca.gov/Publications/Report/5163

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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - The measure could also affect state and local tax revenues by influencing ho w companies that offer covered AI systems operate in California. For example, some companies may change their product design, limit certain features for children, or increase spending on compliance to meet the measure ’s requirements.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

Oversight of certain nonprofit charities and related entities. [Ballot]

Jan 20, 2026 - This measure could impact the taxes paid by technology companies or their employees. California-based companies could make changes to their operations in response to the measure ’s requirements. For example, the increased oversight could limit how covered entities use their assets or develop technology.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed initiative related to oversight of certain public benefit artificial intelligence (AI) companies (A.G.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

Oversight of certain frontier artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - Oversight of certain frontier artificial intelligence (AI) companies. [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed initiative related to oversight of certain frontier artificial intelligence (AI) companies (A.G.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034

Rideshare companies. [Ballot]

Dec 17, 2025 - Rideshare companies. [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed statutory initiative (A.G. File No. 25-0028, Amendment #1) related to rideshare companies. Background Rideshare Companies Provide Transportation Services to Passengers.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-028

Rideshare companies. [Ballot]

Dec 17, 2025 - Rideshare companies. [Ballot] Pursuant to Elections Code Section 9005, we have reviewed the proposed statutory initiative (A.G. File No. 25-0029, Amendment #1) related to rideshare companies. Background Rideshare Companies Provide Transportation Services to Passengers.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-029