The Property Tax Inheritance Exclusion

Oct 9, 2017 - The taxable value of a typical property in the state is about two ‑thirds of its market value. This difference widens the longer a home is owned. Property sales therefore typically trigger an increase in a property ’s assessed value.
https://lao.ca.gov/Publications/Report/3706

Splitting California into three new U.S. states. [Ballot]

Oct 9, 2017 - Three New States The existing State of California —with about 39.5  million people —is the most populous U.S. state. Following creation of the three new states, there would be 52 U.S. states (the three in this proposal plus the other 49 states).
https://lao.ca.gov/BallotAnalysis/Initiative/2017-018

Amend the Constitution to allow and facilitate future, but unknown, legislative actions that could substantially increase state healthcare spending and associated tax revenues. [Ballot]

Oct 9, 2017 - Constitution Limits State and Local Government Spending; State Nearing Its Spending Limit. Proposition  4 (1979) amended the State Constitution to impose spending limits (technically, appropriations limits) on the state and most local governments.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-019

California voters directing the California Legislature to apply for a constitutional convention pursuant to Article V of the U.S. Constitution. [Ballot]

Oct 6, 2017 - State Independence. As no process currently exists for states to secede from the United States, the measure would require amendments be proposed to enable states to secede from the United States. Fiscal Effects Various Uncertainties.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-017

Rules of professional conduct for attorneys. [Ballot]

Oct 5, 2017 - The California Constitution requires attorneys to be members of the State Bar to practice law in the state. As of September 2017, the State Bar reported having 263,165 members —of which  189,703 (or 72  percent) are active members able to practice law.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-016

Pricing requirements for kidney dialysis providers. (Amendment No. 1). [Ballot]

Sep 29, 2017 - Typically, state and local governments contract with commercial health insurers to cover health care services. Together, state and local governments pay tens of billions of do llars for employee and retiree health benefits each year.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-014

Staffing and pricing requirements for kidney dialysis providers. (Amendment No. 1) [Ballot]

Sep 28, 2017 - Typically, state and local governments contract with commercial health insurers to cover health care services. Together, state and local governments pay tens of billions of dollars for employee a nd retiree health benefits each year.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-015

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - The PIT is state government ’s most important revenue source, contributing over two thirds of the state General Fund, which supports schools, universities, major health and social services programs, prisons, and other state ‑funded programs.
https://lao.ca.gov/Publications/Report/3703

Volatility of California’s Personal Income Tax Structure [Publication Details]

Sep 28, 2017 - The Legislature could choose to make the tax less volatile, but actions to reduce volatility could reduce future growth of state tax revenues. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3703

Update on School District Retiree Health Benefits

Sep 25, 2017 - This added cost pressure comes at a time when districts are facing other pressures —most notably, rising pension costs and expectations to enhance services for low-income students and English learners.
https://lao.ca.gov/Publications/Report/3704