State Budget Update #4: Final 2026-27 Budget Agreement
On June 26, 2026, the Budget Bill Junior (AB/SB 111) and various trailer bill (TBL) omnibuses reflecting the Administration and Legislature’s agreement for the three-party budget deal went into print and a budget deal was announced by Legislative leadership and the Governor’s Office. In terms of timing, the Assembly Budget Committee and Senate Budget and Fiscal Review Committee heard the bills today, June 29, and floor votes are expected by June 30. Please see the attached budget memo.