Fiscal Outlook Supplement on Proposition 2: Overview

Dec 2, 2015 - Under these reevaluations, the state revises the BSA deposit up or down if capital gains taxes were higher or lower than the state ’s prior estimates. The state does not revisit its estimate of the base amount in the true up calculation.
https://lao.ca.gov/Publications/Report/3313

Fiscal Outlook Supplement on Proposition 2: Overview [Publication Details]

Dec 2, 2015 - On November 18th, we released the 21st annual edition of our Fiscal Outlook, which projects California’s state budget condition through 2019-20 under a few different economic scenarios. This note provides the calculations and assumptions underlying the report’s estimates on Proposition 2 (2014), which changed the state’s budgeting practices concerning reserves and debt payments.
https://lao.ca.gov/Publications/Detail/3313

Felony sentencing (Amendment #1). [Ballot]

Dec 2, 2015 - Fiscal Effects State Effects of Sentencing Change. This measure would have a number of fiscal impacts on the state ’s prison system. Most significantly, the measure would reduce the state prison population in three ways.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-084

Legislative rules and responsibilities (Amendment No. 1). [Ballot]

Dec 1, 2015 - The State Legislature has two houses: the State Assembly and the State Senate. The California Constitution governs the various ways in which the Legislature can pass bills. It does not include a requirement on the amount of time a bill needs to be available on the Internet before a vote by either house.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-083

Sports markets. (Amendment No. 2) [Ballot]

Nov 30, 2015 - As a result, the following factors are uncertain and difficult to estimate: (1) the number of participants in the markets, (2) the role of state and local governments in regulating the markets, and (3) how existing state and federal laws apply to the markets.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-082

Increases excise taxes on the distribution of cigarettes and other tobacco products and applies the tobacco products excise tax to electronic cigarettes (Amendment #1). [Ballot]

Nov 30, 2015 - State Spending Limit The State Constitution contains various rules affecting the state budget, such as the state spending limit that has been in place since passage of Proposition  4 in 1979. The Constitution requires the state to issue taxpayer rebates if the state exceeds the spending limit.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-081

Retirement benefits for state and local governmental employees in California (Amendment No.1). [Ballot]

Nov 24, 2015 - Governmental Employee Pension Benefits State and Local Governments Sponsor “Defined Benefit ” Plans for Their Employees. As part of employment, the state provides defined benefit pension plans for its employees and for those of public schools and community colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-077

The cultivation, use, possession, and sale of marijuana (Amendment No 1). [Ballot]

Nov 24, 2015 - These priorities include ensuring that marijuana is not distributed to minors or diverted from states that have legalized marijua na to other states. Proposal This measure changes state law to legalize the possession, cultivation, and sale of marijuana.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-075

Retirement benefits for state and local governmental employees in California (Amendment No. 1). [Ballot]

Nov 24, 2015 - Governmental Employee Pension Benefits State and Local Governments Sponsor “Defined Benefit ” Plans for Their Employees. As part of employment, the state provides defined benefit pension plans for its employees and for those of public schools and community colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-076

Teacher employment laws. (Amendment No. 1) [Ballot]

Nov 24, 2015 - Background State laws govern various employment processes for teachers hired by public local educational agencies (LEAs). Some of the state ’s major teacher employment laws are highlighted below. The state also has rules for determining how much total funding goes to LEAs.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-078