The 2016-17 Budget: The Governor’s Reserve Proposal

Feb 19, 2016 - California has two statutes that trigger reductions in the state ’s sales tax rate if balances in the SFEU reach a certain threshold. Under either statute, the state ’s sales tax rate would automatically decline by one –quarter cent for one calendar year, equal to around $1.5  billion.
https://lao.ca.gov/Publications/Report/3348

State legislator lie detector tests (Amendment No. 1). [Ballot]

Feb 18, 2016 - Legislators ’ “compensation ” would be taxed “as if it is a normal salary for state income tax purposes ” under the measure. Changes to Legislative Rules. The measure states that “the Legislature session shall not adjourn until at least ten days after they have taken at least one vote on every bill introduced in their respective houses. ” It also would change the current September 1 deadline for passing most bills in the even-numbered years to October 1.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-125

The 2016-17 Budget: Proposition 98 Education Analysis

Feb 18, 2016 - Summary of LAO Recommendations Proposition  98 Use the administration ’s estimates of General Fund tax revenue and the Proposition  98 minimum guarantee as a reasonable starting point for budget deliberations.
https://lao.ca.gov/Publications/Report/3355

The 2016-17 Budget: Resources and Environmental Protection

Feb 16, 2016 - Redirect Fuel Taxes From OHV Trust Fund to SPRF. Due to the structural shortfall in SPRF and the depletion of the SPRF fund balance, the administration requests a one –time redirection of $31  million in fuel tax revenues to SPRF.
https://lao.ca.gov/Publications/Report/3354

The 2016-17 Budget: Analysis of the Human Services Budget

Feb 11, 2016 - In 2011, the state enacted legislation known as 2011 realignment, which dedicated a portion of the state ’s sales tax to counties to administer CWS. The 2016 –17 budget assumes that over $2  billion will be available from realignment revenues for the support of CWS programs.
https://lao.ca.gov/Publications/Report/3351

The 2016-17 Budget: Analysis of the Medi-Cal Budget

Feb 11, 2016 - The proposed budget reserves most revenues associated with the MCO tax in a special fund pending passage of a restructured MCO tax by the Legislature, while the hospital QAF will sunset on January 1, 2 017 absent an extension of the fee.
https://lao.ca.gov/Publications/Report/3350

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - By far the largest of these programs is the federal and state Low Income Housing Tax Credit (LIHTC), which provides tax credits to affordable housing developers to cover a portion of their building costs.
https://lao.ca.gov/Publications/Report/3345

Cultivation, possession, and sale of marijuana. Version 7 [Ballot]

Feb 5, 2016 - In addition, the state could also receive revenue fr om excise taxes, if such taxes were enacted by the Legislature. However, since the measure prohibits sales and use taxes on medical marijuana products, these revenues would be partially offset by the loss of sales tax currently collected on medical marijuana sales.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-120

Cultivation, possession, and sale of marijuana. Version 6 [Ballot]

Feb 5, 2016 - In addition, the state could also receive revenue fr om excise taxes, if such taxes were enacted by the Legislature. However, since the measure prohibits sales and use taxes on medical marijuana products, these revenues would be partially offset by the loss of sales tax currently collected on medical marijuana sales.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-119

Alternative process for local governments to assess fees for flood control, stormwater management, water, and sewer services (Amendment No. 1). [Ballot]

Feb 3, 2016 - Special Taxes. A tax is called a “special ” tax if its revenues are used for specific purposes. Special taxes are sometimes used to fund water-related services. Processes for Approving Local Property-Related Fees, Assessments, and Special Taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-116