The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals

Feb 14, 2020 - Modifications to Cannabis Tax Structure Are Needed Proposed Changes to Point of Collection Would Improve Tax Administration. We find that the proposed changes to the point of collection for the retail excise and cultivation tax should improve tax administration and compliance.
https://lao.ca.gov/Publications/Report/4162

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Each property owner ’s annual property tax bill is determined by multiplying the taxable value of her property by her tax rate. (As such, the property tax is an ad valorem tax because it is based on the value of the home.)
https://lao.ca.gov/Publications/Report/3885

Evaluation of the Property Tax Postponement Program [Publication Details]

Oct 8, 2018 - Evaluation of the Property Tax Postponement Program [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/3885

The 2023-24 Budget: Overview of Information Technology Project Proposals

Mar 17, 2023 - IT = information technology; TF = total funds; GF = General Fund; OF = other funds; EDD = Employment Development Department; FTB = Franchise Tax Board; CDCR = California Department of Corrections and Rehabilitation; SWRCB = State Water Resources Control Board; DSH = Department of State Hospitals; CARB = California Air Resources Board; DDS = Department of Developmental Services;
https://lao.ca.gov/Publications/Report/4746

Broad-Based Cash Assistance in COVID-19 Recovery Actions

Apr 3, 2020 - Though some of these Ca lifornians nevertheless file taxes (in many cases to qualify for federal tax credits), an unknown number do not. (The federal deadline to file 2019 tax returns was recently extended to July 15, and anyone filing by that date would appear to be eligible for the assistance.)
https://lao.ca.gov/Publications/Report/4214

The Property Tax Inheritance Exclusion

Oct 9, 2017 - The Property Tax Inheritance Exclusion The Property Tax Inheritance Exclusion Summary Ownership Changes Trigger Higher Tax Bills. Under California ’s property tax system, the change in ownership of a property is an important event.
https://lao.ca.gov/Publications/Report/3706

The Property Tax Inheritance Exclusion [Publication Details]

Oct 9, 2017 - The Property Tax Inheritance Exclusion [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/3706

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals [Publication Details]

Feb 14, 2020 - The Governor’s 2020-21 budget includes various cannabis-related proposals, including both budget trailer legislation and budget change proposals from multiple departments. In this report, we (1) provide some background on cannabis regulation and taxation in California; (2) describe the Governor’s proposals; and (3) provide recommendations on these proposals for legislative consideration.
https://lao.ca.gov/Publications/Detail/4162

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - Tax Reductions and Business Assistance Tax Refunds to Low-Income Californians. The Governor ’s budget proposes a one ‑time $600 tax refund to taxpayers who received the California Earned Income Tax Credit (EITC) for 2019 and taxpayers using an Individual Taxpayer Identification Number (ITIN) who will receive the EITC for 2020.
https://lao.ca.gov/Publications/Report/4309

The 2020-21 Spending Plan: Housing and Homelessness

Oct 8, 2020 - Maintains $500  Million Increase for Expanded Low-Income Housing Tax Credit. The budget authorizes the award of $500  million for the state ’s low-income housing tax credit program, which provides tax credits to builders of rental housing affordable to low-income households.
https://lao.ca.gov/Publications/Report/4278