Assessing California's Climate Policies—The 2022 Scoping Plan Update

Jan 4, 2023 - Moreover, the 2017 plan then identified cap ‑and ‑trade as the state policy that would serve as a “backstop ” to ensure the state meets its target. That is, the plan explicitly stated that to the degree other policies collectively fell short of meeting the state ’s GHG reduction goals —sometimes referred as an emissions gap —the cap ‑and ‑trade program would reduce emissions further to make up the difference.
https://lao.ca.gov/Publications/Report/4656

A student’s right to a high-quality public education. [Ballot]

Dec 16, 2022 - A court ruling to invalid ate or enjoin a state or local law, regulation, policy, or official action may result in changes to state or local spending on educational programs if the state or local governing boards independently decide to take such actions.
https://lao.ca.gov/BallotAnalysis/Initiative/2022-007

Issues That Could Impact Californians' Health Care Coverage in 2023 and Beyond

Dec 16, 2022 - State and Federal Policies Have Improved Health Coverage Rates. Over the last decade, various state and federal policy changes have increased the number of Californians with comprehensive health care coverage.
https://lao.ca.gov/Publications/Report/4654

New Inflation Poses Not So New Budget Risk [Publication Details]

Dec 15, 2022 - New Inflation Poses Not So New Budget Risk [Publication Details] New Inflation Poses Not So New Budget Risk Format: HTML Description: Persistent high inflation presents federal and state policymakers with an economic problem not seen in roughly four decades.
https://lao.ca.gov/Publications/Detail/4653

New Inflation Poses Not So New Budget Risk

Dec 15, 2022 - For the many state programs that do not adjust automatically, appropriations are fixed at their existing level. Unless the Legislature appropriates additional funds, higher inflation itself does not cause the state to spend more.
https://lao.ca.gov/Publications/Report/4653

November 2022 Cap-and-Trade Auction Update [EconTax Blog]

Dec 14, 2022 - Based on the preliminary results, the state will receive an estimated $961 million in revenue from the auction. As shown in Figure 1, this amount is roughly equivalent to the amount the state received from the August 2022 auction ($995 million).
https://lao.ca.gov/LAOEconTax/Article/Detail/763

Redesigning California's Adult Education Funding Model

Dec 13, 2022 - Moreover, the state would not necessarily face higher overall program costs. This is because current state funding rates per student are elevated due to recent enrollment drops not being accompanied by state funding reductions.
https://lao.ca.gov/Publications/Report/4652

Cannabis Tax Revenue Update [EconTax Blog]

Nov 18, 2022 - As shown in the figure below, state cannabis tax revenues have declined for five consecutive quarters. The loss of cultivation tax revenue accounts for a large part of last quarter ’s revenue decline.
https://lao.ca.gov/LAOEconTax/Article/Detail/762

October Tax Collections [EconTax Blog]

Nov 17, 2022 - October Tax Collections [EconTax Blog] Brian Uhler October collections from the state 's “big three ” tax revenues —personal income, corporation, and sales taxes —came in far ahead of Budget Act assumptions.
https://lao.ca.gov/LAOEconTax/Article/Detail/761

Why Has Income Tax Withholding Lagged, Despite Job Growth? [EconTax Blog]

Nov 16, 2022 - Latest Related Articles     Article Tags Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/LAOEconTax/Article/Detail/759