Property tax assessment. [Ballot]

Aug 22, 2019 - Specifically, effective July 1, 2021, the measure: Allows Moves Anywhere in the State.   Eligible homeowners could transfer the taxable value of their existing home to another home anywhere in the state.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-003

The 2020-21 Budget: California Department of Tax and Fee Administration (CDTFA)

Mar 20, 2020 - (CDTFA ’s field operations include audit and compliance activities based in field offices around the state.) We commend the administration for identifying resources that CDTFA does not need and proposing budget reductions accordingly.
https://lao.ca.gov/Publications/Report/4205

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

The 2019-20 May Revision: Opportunity Zones [Publication Details]

May 11, 2019 - The Governor proposes to allow state tax benefits for investments in alternative energy or affordable housing in communities designated as Opportunity Zones under a new federal program.
https://lao.ca.gov/Publications/Detail/4038

Tempered Expectations [Publication Details]

Dec 9, 2019 - In this new installment of Fiscal Perspectives, Legislative Analyst Gabriel Petek provides additional context for understanding the importance of limiting new, ongoing spending in the coming budget, with a short discussion of the state's fiscal structure, the state's economic backdrop, and other potential risks and uncertainties.
https://lao.ca.gov/Publications/Detail/4122

California State Library Budget [EdBudget]

Jul 22, 2020 - California State Library Budget [EdBudget] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Education/EdBudget/Details/407

Nutrition Programs in COVID-19 Recovery Actions [Publication Details]

Mar 25, 2020 - This post describes key actions taken to increase Californians' access to food in the wake of the coronavirus disease 2019 (COVID-19). We focus on key actions taken by the state and federal government through April 10, 2020.
https://lao.ca.gov/Publications/Detail/4211

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

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

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