U.S. Retail Sales Update: February 2023 [EconTax Blog]

Mar 15, 2023 - U.S. retail sales have grown 2 percent over the last 3 months and 5.4 percent over the last 12 months.
https://lao.ca.gov/LAOEconTax/Article/Detail/772

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - The figure below shows two measures of investments promised by California Competes tax credit recipients (1) capital investments per $1 of tax credit and (2) new jobs per $100,000 of tax credit (adjusted for inflation).
https://lao.ca.gov/LAOEconTax/Article/Detail/771

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - The figure below shows two measures of investments promised by California Competes tax credit recipients (1) capital investments per $1 of tax credit and (2) new jobs per $100,000 of tax credit (adjusted for inflation).
https://lao.ca.gov/LAOEconTax/article/Detail/771

The 2023-24 Budget: College of the Law, San Francisco

Mar 8, 2023 - UC Law SF indicates that the remaining project costs will be split between conventional debt ‑financing ($103  million) and the historic tax credit equity program ($37  million), which is a federal program focused on the rehabilitation of certified historic buildings.
https://lao.ca.gov/Publications/Report/4732

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - Competition From Other States Most Other States Offer Film Tax Incentives. During the 2000s, state film tax incentives (primarily tax credits) expanded rapidly across the country. At  the peak in 2010, 45 states had a film tax incentive.
https://lao.ca.gov/Publications/Report/4713

The 2023-24 Budget: California's Film Tax Credit [Publication Details]

Feb 28, 2023 - The 2023-24 Budget: California's Film Tax Credit [Publication Details] Description: This brief surveys research on the economic effects of state film tax credits and analyzes the Governor's proposal to extend California's film tax credit for five years.
https://lao.ca.gov/Publications/Detail/4713

The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - Taxable bonds are projected to have about 7  percent interest rates in fall 2023 —or 1.35  percent higher than tax-exempt bonds. As a result, the annual debt service savings on these taxable bonds is about $5  million more than tax-exempt bonds.
https://lao.ca.gov/Publications/Report/4709

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - Effect of Returning to Historical Estimated Tax Payment Schedule Effect of Returning to Historical Estimated Tax Payment Schedule Background Some Taxpayers Make Estimated Tax Payments Throughout the Year.
https://lao.ca.gov/Publications/Report/4722

Effect of Returning to Historical Estimated Tax Payment Schedule [Publication Details]

Feb 27, 2023 - Effect of Returning to Historical Estimated Tax Payment Schedule [Publication Details] Effect of Returning to Historical Estimated Tax Payment Schedule Format: HTML Description: Returning personal and corporate income tax estimated payment amounts to four equal payments, beginning in tax year 2024, would shift about 8 percent of
https://lao.ca.gov/Publications/Detail/4722

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - Federal programs include tax incentives for households to purchase ZEVs, grants for charging infrastructure, funding for electric buses and truck electrification, and funding to promote cleaner vehicle technologies.
https://lao.ca.gov/Publications/Report/4708