Proposition 2 [Ballot]

Nov 5, 2024 - Proposition  2 also allows school districts to receive extra renovation funding to build a new classroom or renovate an existing classroom that would be used for transitional kindergarten. (Beginning with the 2025-26 school year, all four-year olds will be eligible for a year of transitional kindergarten before entering kindergarten.)
https://lao.ca.gov/BallotAnalysis/Proposition?number=2&year=2024

Proposition 32 [Ballot]

Nov 5, 2024 - Employers with 25 or fewer employees would have a minimum wage of $17 per hour. Without Proposition 32, the minimum wage for all employees would be about $16.50 per hour. The proposition would not change any loc al or industry-specific minimum wages.
https://lao.ca.gov/BallotAnalysis/Proposition?number=32&year=2024

Proposition 33 [Ballot]

Nov 5, 2024 - About half of the reduction would be property tax revenues that would have gone to schools. In some years, the state might give more money to schools to cover their losses. Increased Local Government Costs.  
https://lao.ca.gov/BallotAnalysis/Proposition?number=33&year=2024

Proposition 34 [Ballot]

Nov 5, 2024 - Were an affected entity to violate Proposition  34 ’s restrictions or engage in bad conduct, it would face penalties (such as the loss of its tax-exempt status and its health care licenses for ten years).
https://lao.ca.gov/BallotAnalysis/Proposition?number=34&year=2024

Proposition 35 [Ballot]

Nov 5, 2024 - Some of these funding increases began in 2024, but most will begin in 2025 and 2026. Once they all begin in 2026, the increases likely would result in around $4  billion more for Medi-Cal annually. Around half of this amount will come from the health plan tax.
https://lao.ca.gov/BallotAnalysis/Proposition?number=35&year=2024

Proposition 36 [Ballot]

Nov 5, 2024 - These estimated savings totaled $95  million last year. By undoing parts of Proposition  47, Proposition  36 reduces the state savings from Proposition  47. This would reduce the amount the state must spend on mental health and drug treatment, school truancy and dropout prevention, and victim services.
https://lao.ca.gov/BallotAnalysis/Proposition?number=36&year=2024

Proposition 4 [Ballot]

Nov 5, 2024 - Fiscal Effects Increased State Costs of About $400  Million Annually for 40 Years to Repay the Bond. The estimated cost to repay the bond would be about $400  million annually over a 40-year period .
https://lao.ca.gov/BallotAnalysis/Proposition?number=4&year=2024

Proposition 5 [Ballot]

Nov 5, 2024 - Those measures would have raised a couple billion dollars over many years. A lower voter approval requirement also could mean local governments propose more measures. Increased Local Funding for Housing Assistance and Public Infrastructure.
https://lao.ca.gov/BallotAnalysis/Proposition?number=5&year=2024

Proposition 6 [Ballot]

Nov 5, 2024 - Any potential increase or decrease in state and local criminal justice costs likely would not exceed the tens of millions of dollars each year (annually). This amount is less than one-half of 1  percent of the state ’s total General Fund budget.
https://lao.ca.gov/BallotAnalysis/Proposition?number=6&year=2024

U.S. Retail Sales Update: September 2024 [EconTax Blog]

Oct 17, 2024 - Retail Sales Update: September 2024 [EconTax Blog] U.S. Retail Sales Update: September 2024 October 17, 2024 Seth Kerstein Today the U.S. Census Bureau released preliminary estimates of nationwide retail sales in September 2024 and revised estimates for August 2024.
https://lao.ca.gov/LAOEconTax/article/Detail/814