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...
Legislative Update

Legislative Update

With early May deadlines approaching for policy committees to hear and report bills, the State Legislature continues to consider an onslaught of legislation in its policy committee hearing process. Assembly Speaker Robert Rivas announced four new select committees on...