Climate Reporting Update

Climate Reporting Update

Two climate reporting measures are moving forward in the state regulatory process, SB 253 and SB 261. Both bills passed the Legislature and were signed into law in 2023. Initially, there was a temporary delay in the implementation of SB 253 and SB 261. However, the...
Governor Releases May Budget

Governor Releases May Budget

Governor Gavin Newsom released the May Budget Revision on May 14 proposing a $322 billion spending plan for 2025-2026 as the state faces a $12 billion 2025-2026 budget deficit. He cited lower capital gains, weaker corporate taxable profits, lower wages and personal...