Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Structure and Goals of Tax Exemption Basic Structure Sales Tax Includes General Fund and Other Components. California ’s sales tax rate varies across cities and counties, ranging from 7.25  percent to 10.75  percent.
https://lao.ca.gov/Publications/Report/4890

Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details]

Jun 13, 2024 - Annual Report on Tax Exemptions for Medicinal Cannabis [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/4912

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 13, 2024 - Annual Report on Tax Exemptions for Medicinal Cannabis June 13, 2024 Annual Report on Tax Exemptions for Medicinal Cannabis Statutory Data Reporting Requirement. Chapter  837 of 2019 (SB  34, Wiener) established new tax exemptions for donations of medicinal cannabis.
https://lao.ca.gov/Publications/Report/4912

The 2024-25 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population

Feb 20, 2024 - While counties receive realigned sales tax revenue to support the PRCS population, this funding does not get m oved forward in time to reflect people starting their supervision terms earlier. Accordingly, there were concerns that counties could face cash-flow problems when temporary increases in the PRCS population occur.
https://lao.ca.gov/Publications/Report/4849

MOU Fiscal Analysis: Bargaining Unit 10 (Scientists)

Sep 9, 2015 - A greater share of certain travel costs incurred by employees —including lodging in three high-cost counties and the use of private aircraft —would be reimbursable by the state under the agreement. The administration estimates that these provisions would increase the state ’s annual costs by about $5,000 ($1,000 from the General Fund) beginning in 2016-17.
https://lao.ca.gov/Publications/Report/3297

California’s Child Welfare System: Addressing Disproportionalities and Disparities

Apr 24, 2024 - The legislation also dedicated a portion of the state ’s sales and use tax and vehicle license fee revenues —along with a portion of the associated growth in these revenues —to counties to administer these programs (along with some public safety, behavioral health, and adult protective services programs).
https://lao.ca.gov/Publications/Report/4897

The 2024-25 Budget: Preliminary May Revision Analysis for CalWORKs

May 29, 2024 - Counties May Need to Determine How to Use Limited Funds. DSS has indicated counties could consider using single allocation funds to backfill proposed program-specific reductions if desired locally. However, some counties may have insufficient funds to do so while also covering necessary administrative and employment services costs.
https://lao.ca.gov/Publications/Report/4911

The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - The May Revisions proposes to not allow businesses to use tax credits to reduce their taxes by more than $5 million for tax years 2025, 2026, and 2027. This would not apply to the low-income housing tax credit.
https://lao.ca.gov/LAOEconTax/Article/Detail/804

The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - The May Revisions proposes to not allow businesses to use tax credits to reduce their taxes by more than $5 million for tax years 2025, 2026, and 2027. This would not apply to the low-income housing tax credit.
https://lao.ca.gov/LAOEconTax/article/Detail/804

Mental Health Services Act: Revenue Volatility and the Governor’s Proposal to Reduce Allowable County Reserves

Jul 13, 2023 - Yet, the MHSA tax is perhaps the most volatile source of revenue in the state tax system. Absent other changes, lowering prudent reserve caps as the Governor proposes will only exacerbate county budge ting challenges and place excessive fiscal risk on counties.
https://lao.ca.gov/Publications/Report/4780