U.S. Retail Sales Update: February 2022 [EconTax Blog]

Mar 16, 2022 - U.S. retail sales (seasonally adjusted) grew 0.3 percent from January to February. Retail sales have been elevated after growing dramatically in early 2021, but inflation has offset much of the past year’s apparent “growth.”
https://lao.ca.gov/LAOEconTax/Article/Detail/728

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - Historically, a small statewide payroll tax provided funding for ETP grants but, in recent years, the state has supplemented this longstanding funding source with General Fund monies for targeted training grants.
https://lao.ca.gov/Publications/Report/4572

The 2022-23 Budget: Analysis of the Governor’s Major Behavioral Health Proposals

Mar 3, 2022 - We  also find that the proposed cap on the number of county felony IST referrals (above which a county would pay a share of cost for felony IST treatment) raises state reimbursable mandate questions.
https://lao.ca.gov/Publications/Report/4569

The 2022-23 Budget: Municipal Stormwater and Urban Runoff Discharges Mandate

Feb 28, 2022 - The Governor ’s budget proposal includes $18.4  million in one ‑time General Fund to reimburse certain local governments in Los Angeles County for costs related to the Municipal Stormwater and Urban Runoff Discharges mandate.
https://lao.ca.gov/Publications/Report/4565

Cannabis Tax Revenue Update [EconTax Blog]

Feb 23, 2022 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/726

The 2022-23 Budget: Health Care Access and Affordability

Feb 23, 2022 - Advance Premium Tax Credit (APTC). The APTC —as structured under the ACA —offsets the cost of health insurance premiums for households with incomes between 100  percent and 400  percent of the FPL. This  tax credit effectively limits a household ’s net premium for a silver plan (after accounting for the tax credit) to between 2  percent and 10  percent of annual income.
https://lao.ca.gov/Publications/Report/4560

The 2022-23 Budget: College and Career Proposals

Feb 23, 2022 - Each consortium, in turn, awards grants to school districts, charter schools, and county offices of education on a competitive basis. Requires that grantees partner with a community college develop CTE opportunities and career pathways.
https://lao.ca.gov/Publications/Report/4562

The 2022-23 Budget: Educator Workforce Proposals

Feb 23, 2022 - Between 2001 and 2004, the state funded the Teacher Recruitment Incentive Program which established six county offices of education (COEs) as regional teacher recruitment centers to recruit teachers for low ‑performing schools.
https://lao.ca.gov/Publications/Report/4556

The 2022-23 Budget: California College Guidance Initiative

Feb 22, 2022 - The  state currently funds CCGI as part of the California Department of Education ’s (CDE ’s) budget, with Riverside County Office of Education (COE) and the nonprofit Foundation for California Community Colleges acting as intermediaries.
https://lao.ca.gov/Publications/Report/4553

California’s Cannabis Taxes [Publication Details]

Feb 22, 2022 - California’s Cannabis Taxes [Publication Details] 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/Publications/Detail/4559