How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - Without the stock price gains, current year withholding receipts would be down 1 percent relative to last year, rather than up 1 percent. Background California Employers Make Regular Income Tax Withholding Payments for Their Employees.
https://lao.ca.gov/LAOEconTax/article/Detail/789

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - Without the stock price gains, current year withholding receipts would be down 1 percent relative to last year, rather than up 1 percent. Background California Employers Make Regular Income Tax Withholding Payments for Their Employees.
https://lao.ca.gov/LAOEconTax/Article/Detail/789

Schools notifying parents of a student’s gender identity; school, college, and university sex-segregated facilities and athletic programs and activities; and certain gender-affirming medical treatment

Nov 14, 2023 - Schools notifying parents of a student’s gender identity; school, college, and university sex-segregated facilities and athletic programs and activities; and certain gender-affirming medical treatments for individuals under the age of 18 years.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-027

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - The SCO and CalHR currently expect to complete the PAL process in 2024-25 and begin development and implementation of the project shortly thereafter. The preliminary baseline cost and schedule for the proposed CSPS IT project (provided as part of the Stage 2 Alternatives Analysis) is $767  million General Fund, with a five-and-a-half-year time line to develop and implement the new payroll system.
https://lao.ca.gov/Publications/Report/4814

Overview and Update on the Prison Receivership

Nov 8, 2023 - Phase two is currently underway with the last project expected to be complete by the end of 2024. The state has dedicated a total of about $90  million for the two phases. Creation of Integrated Substance Use Disorder Treatment Program (ISUDTP).
https://lao.ca.gov/Publications/Report/4813

2023-24 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2023 - LCFF = Local Control Funding Formula, COLA = Cost-of-living adjustment, COE = county office of education, ASES = After School Education and Safety Program, CCEE = California Collaborative for Educational Excellence, LCAP = Local Control and Accountability Plan, LGBTQ+ = lesbian, gay, bisexual, transgender, queer, and others.
https://lao.ca.gov/Education/EdBudget/Details/778

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - The spending plan delays the implementation of this program until 2024-25. Increases Provider Rates for Independent Living Services. The 2021-22 spending plan initiated a multiyear plan to phase in a new provider rate model based on a 2020 state-commissioned study.
https://lao.ca.gov/Publications/Report/4812/1

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - These unspent single allocation funds from the 2021-22 Budget Act would naturally revert to the General Fund in 2024-25. The 2023-24 spending plan ’s reversion of these funds represents a one-year acceleration.
https://lao.ca.gov/Publications/Report/4812/2

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - The spending plan also includes $50  million ($15.5  million General Fund) in 2023-24, $23  million ($7.9  million General Fund) in 2024-25, and $3.5  million ($1.2  million General Fund) in 2024-26 to improve Electronic Benefit Transfer (EBT) card technology and security.
https://lao.ca.gov/Publications/Report/4812/3

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - Statute specifies that these interim rates will expire December 31, 2024, and that the permanent, ongoing level of care rate structure will be established by January 1, 2025. The administration plans to propo se the new rate structure as part of the 2024-25 Governor ’s budget.
https://lao.ca.gov/Publications/Report/4812/4