California Community Colleges: Raising Fees Could Mitigate Program Cuts and Leverage More Federal Aid

In addition, families or students with insufficient tax liabilities qualify for partial tax refunds (equivalent to 40 percent of qualifying expenses). Figure  1 Federal Tax Benefits Applied Toward Higher Education Fees 2009 Lifetime Learning Credit Tuition and Fee Deduction Directly reduces tax bill and/or provides partial tax refund to those without sufficient income tax liability.
https://lao.ca.gov/2009/edu/ccc_fees/ccc_fees_061109.aspx

2005 Initiative Analysis: The California Deficit Prevention Act (version 1)

This measure requires that a tax measure be subject to the two-thirds vote requirement if it results in a tax increase for any individual taxpayer—regardless of whether it raises or lowers aggregate taxes.
https://lao.ca.gov/ballot/2005/050036.htm

2005 Initiative Analysis: The California Deficit Prevention Act (version 2)

This measure requires that a tax measure be subject to the two-thirds vote requirement if it results in a tax increase for any individual taxpayer—regardless of whether it raises or lowers aggregate taxes.
https://lao.ca.gov/ballot/2005/050037.htm

^[PDF] Excellence and Accountability in Education Act of 1998

The measure would affect sales tax revenues to the General Fund in off- setting ways. These revenues would increase because the sales tax is imposed on the total price of tobacco products, including the increased excise tax.
https://lao.ca.gov/ballot/1998/980064_INT.pdf

1999-00 Budget, Perspectives and Issues: Proposition 10

Second, the measure increases the existing excise tax on these products by the equivalent of a 50 cent per pack increase in the tax on cigarettes. This latter effect--which begins July 1, 1999occurs because under current la w an increased tax on cigarettes also triggers an increased tax on other tobacco products.
https://lao.ca.gov/analysis_1999/1999_pandi/part5d/part5d_prop10_pandi99.html

^[PDF] The 1985-86 Budget: Perspectives and Issues

Federal tax reform potentially could have a significant impact on the market for tax-exempt debt. In particular, if federal tax rates are reduced, tax-exempt bonds would become less attractive, especially for individuals who currently are in high tax brackets.
https://lao.ca.gov/analysis/1985/pandi_85_intro_1_2.pdf

Lease-Leaseback Transactions by Public Transit Districts--Sales and Use Tax Exemption

Thus, the equity partner benefits from the deferral of taxes (and the transit district benefits in the form of an up-front payment). California's Tax Treatment. California's corporation tax (CT) is structured in a manner similar to that of the federal corporate income tax, and treats depreciation and income in a similar manner with resp ect to LLB transactions.
https://lao.ca.gov/2003/leaseback/0103_Transit-LeaseBack.html

The 2011–12 Budget: California Community College Fees

Figure 1 summarizes the features of the federal American Opportunity tax credit (AOTC), Lifetime Learning Credit, and tuition and fee tax deduction. Figure 1 Federal Tax Benefits Applied Toward Higher Education Fees 2011 Lifetime Learning Credit Tuition and Fee Deduction Directly reduces tax bill and/or provides partial tax refund to those without sufficient income tax liability.
https://lao.ca.gov/analysis/2011/highered/ccc_fees_012711.aspx

^[PDF] 1974 Budget Analysis: Tax Assistance

1974 Budget Analysis: Tax Assistance Item 81 PROPERTY TAX RELIEF / 209 Current Year Deficit The 1973-74 Budget Act appropriation of $208 million assumed a 5.8 percent growth in assessed value and an average inventory property tax rate of $11.41.
https://lao.ca.gov/analysis/1974/06_tax_assistance_1974.pdf

2004-05 Budget Perspectives and Issues: Perspectives on State Revenues

Estate Tax Phase-Out Continuing. Our forecast includes the impact on the state of a provision included in the federal tax reduction package enacted in the spring of 2001 which is resulting in the phase-out of revenues from California's "pick-up " estate tax.
https://lao.ca.gov/analysis_2004/2004_pandi/pi_part_3_anl04.htm