Administration’s trailer bill proposal related to future “triple flip” unwinding mechanism

Mar 15, 2013 - In addition, the triple flip mechanism replaces lost sales tax revenue with property taxes on a dollar for dollar bas is, indicating to our office that it was the intent of the Legislature to ensure that local governments were fully offset for their lost Bradley-Burns sales tax revenue.
https://lao.ca.gov/Recommendations/Details/727

Administration's trailer bill proposal related to attorney's fee awards

Mar 13, 2013 - One tax provision in Chapter 498 was a new state tax code provision—now Section 19717 of the Revenue and Taxation Code, as amended—that established provisions for awarding attorney’s fees in certain tax refund cases related to California’s income and franchise taxes.
https://lao.ca.gov/Recommendations/Details/720

Recommend pause on troubled payroll IT project and assessment of state IT oversight

Mar 6, 2013 - There are numerous functionality and stability issues that justify the continued pursuit of an updated payro ll configuration, including the capabilities to respond quickly to payroll changes, issue reports to other state agencies and stakeholders, and allow employees online access to pay roll and tax information.
https://lao.ca.gov/Recommendations/Details/717

Recommend pause on troubled payroll IT project and assessment of state IT oversight

Mar 6, 2013 - There are numerous functionality and stability issues that justify the continued pursuit of an updated payro ll configuration, including the capabilities to respond quickly to payroll changes, issue reports to other state agencies and stakeholders, and allow employees online access to pay roll and tax information.
https://lao.ca.gov/Recommendations/Details/716

The 2013-14 Budget: Analysis of Governor’s Proposition 39 Proposal [Publication Details]

Feb 21, 2013 - The 2013-14 Budget: Analysis of Governor’s Proposition 39 Proposal [Publication Details] The 2013-14 Budget: Analysis of Governor’s Proposition 39 Proposal Format: HTML Description: The Governor’s 2013‑14 budget includes a plan to implement the provisions of Proposition 39, which increases state corporate tax (CT) revenues and requires that half of these revenues for a five-year period be used for energy efficiency and alternative energy projects.
https://lao.ca.gov/Publications/Detail/2691

Understanding California’s Property Taxes [Publication Details]

Nov 29, 2012 - In the report, we answer some common questions about the state's property taxes, such as: what taxes and charges are on the property tax bill, what properties make up California's tax base, which local local governments receive property tax revenue, and how does the property tax affect the state budget.
https://lao.ca.gov/Publications/Detail/2670

The 2013-14 Budget: California's Fiscal Outlook [Publication Details]

Nov 14, 2012 - The state's economic recovery, prior budget cuts, and the additional, temporary taxes provided by Proposition 30 have combined to bring California to a promising moment: the possible end of a decade of acute state budget challenges.
https://lao.ca.gov/Publications/Detail/2668

Frequently asked questions concerning Facebook and California's General Fund

Aug 1, 2012 - Moreover, it takes many months for data concerning a tax year's payments to be processed by the state's tax agencies. At some point in the future, for these and other reasons, state revenue estimates likely will change to display Facebook-related revenues as simply "lumped in" with the state's other taxes.
https://lao.ca.gov/Recommendations/Details/618

Letter to Senator Wolk on Evaluation of UCLA Film Credit Study [Publication Details]

Jun 21, 2012 - Letter to Hon. Lois Wolk, Chair of Senate Governance and Finance Committee, providing an evaluation of the February 2012 report, "Economic and Production Impacts of the 2009 California Film and Television Tax Credit."
https://lao.ca.gov/Publications/Detail/2647

Property Tax Agents at the Local Level in California: An Overview [Publication Details]

Jun 20, 2012 - Property Tax Agents at the Local Level in California: An Overview [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/2646