The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - Additionally, Chapter  359 increases the fees paid by certain DCA licensees to support CURES from $6 to $11 for a two-year period —April 1, 2021 through April 2, 2023. After this period, the fee for each licensee would be $9 on an ongoing basis.
https://lao.ca.gov/Publications/Report/4277

The 2020-21 Budget: Overview of the California Spending Plan (Final Version) [Publication Details]

Oct 5, 2020 - The 2020-21 Budget: Overview of the California Spending Plan (Final Version) [Publication Details] The 2020-21 Budget: Overview of the California Spending Plan (Final Version) Format: HTML Description: Each year, our office publishes the California Spending Plan to summarize the annual state budget.
https://lao.ca.gov/Publications/Detail/4263

The 2020-21 Spending Plan: Labor and Employment Issues

Oct 5, 2020 - Penalties and settlement awards from PAGA lawsuits are distributed 75  percent to the LWDF and 25  percent to the plaintiffs. In recent years, PAGA proceeds flowing into the LWDF have exceeded expenditures from the fund.
https://lao.ca.gov/Publications/Report/4274

The 2020-21 Spending Plan: Transportation

Oct 5, 2020 - For that reason, the budget includes 8,880 full-time equivalent staff, the same numb er authorized in the previous year. Litter Abatement. The budget includes $31.8  million in 2020 ‑21 (growing to $43.4  million annually beginning in 2024 ‑25) from SHA to augment funding for the Litter Abatement Program to address increased litter on the state highway system.
https://lao.ca.gov/Publications/Report/4272

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Accordingly, the budget package provides $9.6 million General Fund—increasing to $209 million annually by 2024‑25—to assist counties with their increased responsibilities. These costs would be at least partially offset in future years from state savings related to reductions in the DJJ population.
https://lao.ca.gov/Publications/Report/4263

The 2020-21 Budget: California Spending Plan Series [Publication Details]

Oct 5, 2020 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The final version of Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2020-21 budget package. As more of these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4330

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Prior law exempted new corporations from the minimum franchise tax in their first year of business. The budget package expands this exemption to LLCs and certain partnerships in their first year. This expanded exemption expire s in 2024.
https://lao.ca.gov/Publications/Report/4270

The 2020-21 Spending Plan: State Infrastructure and Economic Development Bank

Oct 5, 2020 - The budget package includes $25  million for IBank to increase the amount of capital available to CDFIs. This money will enable these lenders to make additional loans to small businesses affected by the COVID-19 recession in underbanked communities.
https://lao.ca.gov/Publications/Report/4271

The 2020-21 Spending Plan: Resources and Environmental Protection

Oct 5, 2020 - The budget plan provides $7.2  million from the Oil Gas Geothermal Administrative Fund in 2020 ‑21 ($4.8  million ongoing) and authority for 25 positions to strengthen oversight and enforcement of oil and gas operators.
https://lao.ca.gov/Publications/Report/4275

Income Tax Withholding Tracker: September 28 - October 2 [EconTax Blog]

Oct 2, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/556