The 2017-18 Budget: The Governor's Cannabis Proposals [Publication Details]

Feb 14, 2017 - Additionally, the Legislature will need to determine the staff and other resources to provide to the various agencies charged with regulating and taxing the cannabis industry. We recommend the Legislature (1) work with the administration to enact legislation to align the regulation of medical and nonmedical cannabis to the maximum extent possible, (2) make its decisions on the
https://lao.ca.gov/Publications/Detail/3556

The 2017-18 Budget: Cap-and-Trade

Feb 13, 2017 - Opportunities to Reduce Taxes. Auction revenue can be used to provide economic benefits. For example, in theory revenue could be used to reduce broad ‑based taxes (such as income or sales taxes), which could help reduce negative impact on economic activity.
https://lao.ca.gov/Publications/Report/3553

The 2017-18 Budget: Cap-and-Trade [Publication Details]

Feb 13, 2017 - We also recommend the Legislature approve cap-and-trade (or carbon tax) with a two-thirds vote because it would provide greater legal certainty and ensure ARB has the ability to design an effective program.
https://lao.ca.gov/Publications/Detail/3553

The 2017-18 Budget: Military Department

Feb 10, 2017 - In view of the above concerns with the existing leased facilities, the Legislature provided $1  million in 2006-07 for CMD to acquire a purchase option for 30 acres of land at Mather Field in Sacramento County.
https://lao.ca.gov/Publications/Report/3555

The 2017-18 Budget: County Offices of Education and The Minimum State Aid Provision

Feb 10, 2017 - Under the LCFF for COEs (similar to school districts), local property tax is counted first for meeting each COE ’s overall LCFF allotment, with the state making up any gap. In a county where local property tax revenue is sufficient to fund all of its LCFF allotment, the state still must provide its minimum state aid allotment.
https://lao.ca.gov/Publications/Report/3554

The 2017-18 Budget: County Offices of Education and The Minimum State Aid Provision [Publication Details]

Feb 10, 2017 - The 2017-18 Budget: County Offices of Education and The Minimum State Aid Provision [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/3554

The 2017-18 Budget: California Highway Patrol

Feb 9, 2017 - The 2017-18 Budget: California Highway Patrol The 2017-18 Budget California Highway Patrol The primary mission of the California Highway Patrol (CHP) is to ensure safety and enforce traffic laws on state highways and county roads in unincorporated areas.
https://lao.ca.gov/Publications/Report/3551

The 2017-18 Budget: Proposition 98 Education Analysis

Feb 9, 2017 - In 1980, the Legislature enacted Chapter  1071 of 1980 (SB 781, Rains), which requires individuals in certain professions (who are referred to as “mandated reporters ”) to report child abuse and neglect to specific law enforcement agencies or county welfare departments.
https://lao.ca.gov/Publications/Report/3549

Volatility of the Personal Income Tax Base

Feb 8, 2017 - California’s PIT Tax Base The tax base used by California for its personal income tax is similar to the federal government ’s, but is set in state law. Figure  2 summarizes the major components of the state ’s PIT tax base as reported on federal and state tax forms.
https://lao.ca.gov/Publications/Report/3548

Volatility of the Personal Income Tax Base [Publication Details]

Feb 8, 2017 - On the other hand, California's personal income tax (PIT) base was much more volatile. This is because (1) some of the more stable pieces of personal income are not taxed under California's PIT and (2) the PIT tax base includes capital gains, which are extremely volatile and are not counted as part of personal income in federal statistics.
https://lao.ca.gov/Publications/Detail/3548