Strong Business Creation Continued in August [EconTax Blog]

Sep 3, 2020 - Strong Business Creation Continued in August [EconTax Blog] Strong Business Creation Continued in August September 3, 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/537

Federal Assistance for Businesses Affected by COVID-19

Apr 3, 2020 - On April 30, 2020, the federal Internal Revenue Service (IRS) issued a regulation stating that PPP recipients cannot claim a deduction for expenses funded from forgiv en PPP loans. In September, the state conformed to these federal rules for the first round of PPP loans.
https://lao.ca.gov/Publications/Report/4215

Proposition 98 Key Inputs and Outcomes Under the Governor's Budget [EdBudget]

Jan 16, 2020 - Proposition 98 Key Inputs and Outcomes Under the Governor's Budget [EdBudget]     a As set forth in the State Constitution, reflects change in per capita General Fund plus 0.5 percent. Note: No maintenance factor obligation is created, paid, or owed over the period.
https://lao.ca.gov/Education/EdBudget/Details/325

Weekly Unemployment Claims Update: May 3-May 9 [EconTax Blog]

May 15, 2020 - Should continued claims keep rising, however, it could signal that the state is in for a protracted slump. Weekly Claims Continue to Slow But Remain High. California had 214,028 initial claims between May 3 and May 9.
https://lao.ca.gov/LAOEconTax/Article/Detail/464

Evaluating Tax Expenditures [EconTax Blog]

Aug 29, 2019 - The Legislature clearly states the intent of some tax expenditures in the enacting legislation. For example, the stated intent of the California Competes tax credit is to “attract and retain high-value employers in the state. ” In other cases, the intended goal may be less clear.
https://lao.ca.gov/LAOEconTax/Article/Detail/396

Annual Tuition and Fees by Higher Education Segment [EdBudget]

Feb 26, 2020 - CSU amount reflects average for both undergraduate and graduate students. d Includes postbaccalaureate programs other than teacher credential programs. e Reflects maximum charges for four campus service fees authorized by state law.
https://lao.ca.gov/Education/EdBudget/Details/351

The 2019-20 Budget: California Spending Plan—Capital Outlay

Oct 17, 2019 - For a complete list of all state capital outlay projects approved in the 2019 ‑20 budget, see our Supplemental Report of the 2019‑20 Budget Act . (The report generally does not include state funding for local infrastructure projects.)
https://lao.ca.gov/Publications/Report/4105

University of California Funding by Source [EdBudget]

Feb 26, 2020 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/338

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - A handful of other states have adopted state tax credits that mirror the federal New Market Tax Credit to encourage investors to shift their New Market Tax Credit investment to those states. To gauge the effect of these state credits, we looked at how New Market Tax Credit investments changed in states after they
https://lao.ca.gov/Publications/Report/4038

Building Permits Update: August 2020 [EconTax Blog]

Oct 2, 2020 - The state recorded 5,210 single family permits in July. For the third straight month, the total was just above 5,000 and just above the same month in 2019. It is evident that activity has returned to normal after the pandemic-driven spring slump.
https://lao.ca.gov/LAOEconTax/Article/Detail/558