Building Permits Update: November 2020 [EconTax Blog]

Jan 12, 2021 - Single family activity has rebounded strongly since the pandemic-driven spring slump, as prices have been rising in most of the state ’s metropolitan areas. Multifamily permit activity remained sluggish in November, although the total of 3,319 was only modestly below both the 2019 figure and the recent November average in contrast to the previous three months.
https://lao.ca.gov/LAOEconTax/Article/Detail/606

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - Conclusion Two decades ago, the Legislature adopted an exemption from the state ’s minimum franchise tax for corporations in their first year of business with the stated intent to provide financial assistance to small businesses.
https://lao.ca.gov/Publications/Report/4207

The 2021-22 Budget: Department of Justice [Publication Details]

Feb 10, 2021 - This publication provides our analysis of the Governor's 2021-22 January budget proposals related to the support of forensic services and Department of Justice legal services for certain state agencies.
https://lao.ca.gov/Publications/Detail/4354

SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads [Publication Details]

Jan 24, 2020 - SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads [Publication Details] SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads Format: Description: SB 1 has increased state funding for local streets and roads by $1.3 billion—a doubling of the previous level of shared revenues—with additional revenue increases projected in current and future years.
https://lao.ca.gov/Publications/Detail/4142

California New Business Creation: October 2020 [EconTax Blog]

Nov 6, 2020 - California New Business Creation: October 2020 [EconTax Blog] California New Business Creation: October 2020 November 6, 2020 Brian Uhler The extent of new business creation in California can be an important gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/575

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - State statute implementing the Self-Determination Program requires the State Council on Developmental Disabilities to submit an evaluation of the program three years after approval of federal funding for the program, which occurred in June 2018.
https://lao.ca.gov/Publications/Report/4286/1

Proposed statutory initiative related to the state's initiative, referendum, and recall processes. [Ballot]

Oct 8, 2019 - In any event, the one-time state and local costs to develop this new system likely would total in the millions of dollars or more. Ongoing Costs or Savings. Over time, after the development of the online petition system, the state and local government net costs or savings from this measure would depend on the system that the Secretary of State develops under this measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-009

Excess ERAF: A Review of the Calculations Affecting School Funding [Publication Details]

Mar 6, 2020 - In this report, we recommend the Legislature direct the administration to enforce state law on our other two concerns. We also recommend improving oversight to prevent similar issues from arising in the future.
https://lao.ca.gov/Publications/Detail/4193

Proposed statutory initiative related to the cultivation, sale, and use of cannabis. [Ballot]

Oct 8, 2019 - Reduction in State and Local Fee Revenues and Regulatory Costs. The measure would result in lower state and local license fee revenue —likely in excess of $100  million annually —because it would limit state license fees for cannabis businesses to no more than $1,000.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-010

Proposed statutory initiative related to the cultivation, sale, and use of cannabis. [Ballot]

Oct 8, 2019 - Reduction in State and Local Fee Revenues and Regulatory Costs. The measure would result in lower state and local license fee revenue —likely in excess of $100  million annually —because it would limit state license fees for cannabis businesses to no more than $1,000.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-011