The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The budget package changes state law so that corporations are required to make the same choice about the purchase for state tax purposes as they elected to do for federal t ax purposes. The change to state law ends the ability for some corporations to treat the purchase as an asset purchase for federal tax purposes, for example, and as a qualified stock purchase for state tax purposes.
https://lao.ca.gov/Publications/Report/4100

California State University Capital Outlay Projects [EdBudget]

Oct 13, 2020 - California State University Capital Outlay Projects [EdBudget] 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/Education/EdBudget/Details/395

California New Business Creation: January 2021 [EconTax Blog]

Feb 4, 2021 - California New Business Creation: January 2021 [EconTax Blog] California New Business Creation: January 2021 February 4, 2021 Justin Garosi The extent of new business creation in California can be a useful gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/621

Building Permits Update: December 2020 [EconTax Blog]

Feb 4, 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 broke out in December, as total of 6,394 was more than half again as large as the next biggest month in 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/618

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Businesses may earn credits if they take actions the state wants to encourage, such as spending money on research and development. Tax credits reduce a business ’s tax bill directly, on a dollar-for-dollar basis.
https://lao.ca.gov/Publications/Report/4270

SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads

Jan 24, 2020 - While various local revenue sources —such as local general funds and sales taxes —make up a majority of the funding for streets and roads, cities and counties also depend on federal and state funds. A major source of state funding for streets and roads is through shared revenues, which is generated from about one-third of the state ’s excise taxes on gasoline and diesel.
https://lao.ca.gov/Publications/Report/4142

California New Business Creation: December 2020 [EconTax Blog]

Jan 8, 2021 - California New Business Creation: December 2020 [EconTax Blog] California New Business Creation: December 2020 January 8, 2021 Brian Uhler The extent of new business creation in California can be a useful gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/605

Medical Malpractice Cases [Ballot]

Nov 15, 2019 - State Trial Court Costs. This measure could potentially increase the number of medical malpractice cases and thereby increase costs for state trial courts. It could also potentially increase the length of cases, which would increase costs for state trial courts as well.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-018

The 2020-21 Budget: Labor Agreements to Achieve Budgetary Savings [Publication Details]

Sep 9, 2020 - The budget assumes that employee compensation is reduced by up to 10 percent in 2020-21. This analysis provides a historical record of all the labor agreements between the state and its employees to reduce state costs in 2020-21 and—in most cases—2021-22.
https://lao.ca.gov/Publications/Detail/4267

The 2020-21 Budget: Assessing the Governor's Reorganization Proposals

Feb 7, 2020 - For example, the Governor ’s proposal to place the Seismic Safety Commission under OES is based on the rationale that it would enhance the state ’s overall preparedness efforts by ensuring that the commission plays a greater role in the state ’s emergency planning process.
https://lao.ca.gov/Publications/Report/4146