January 20, 2026 Assembly Budget Committee

California State Assembly Budget Committee · January 20, 2026

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40:00

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Opening and procedural announcements

Presentation

38:18 → 41:04(2m 46s)

Chair Gabriel opened the hearing, thanked returning and new members, named new vice chair Tanghipa, framed the committees twin goals of compassion and fiscal responsibility, announced the hearing will review the governors January budget proposal and reminded members the hearing must end before the 1 p.m. floor session.

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The California State Assembly Budget Committee opened its review of the governor's January budget proposal. Department of Finance presented a "workload" budget and revenue upgrades while the Legislative Analyst's Office warned of market-driven downside risk and recommended stronger reserve treatment and structural changes.

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