The 2018-19 Budget: Administration of the 2017 Housing Package

Feb 8, 2018 - The program authorizes the issuance of bonds backed by personal income tax revenues raised under the Mental Health Services Act (Proposition  63 of 2004). Before these bonds can be issued, the state must complete a validation process whereby the courts determine whether issuance of the bonds is legal.
https://lao.ca.gov/Publications/Report/3746

The 2018-19 Budget: California Achieving a Better Life Experience Board

Jan 31, 2018 - Background CalABLE allows individuals with disabilities (also known as beneficiaries) to create tax-advantaged accounts. Similar to 529 college savings accounts, contributions to CalABLE accounts are not deductible, but can grow tax-free.
https://lao.ca.gov/Publications/Report/3738

State Fiscal Effects of California’s Minimum Wage

Nov 15, 2017 - As shown in the bottom row of the figure, the higher statewide minimum wage will affect General Fund revenues, primarily due to its effects on the personal income tax (PIT) and the sales and use tax (SUT), the two largest state revenue sources.
https://lao.ca.gov/Publications/Report/3714

The Property Tax Inheritance Exclusion

Oct 9, 2017 - Special Rules for Inherited Property Local Governments Levy Property Taxes. Local governments in California —cities , counties, schools, and special districts —levy property taxes on property owners based on the value of their property.
https://lao.ca.gov/Publications/Report/3706

The Property Tax Inheritance Exclusion [Publication Details]

Oct 9, 2017 - The Property Tax Inheritance Exclusion [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/3706

July 2017 Update: Los Angeles’ Bid for the Olympics and Paralympics

Jul 6, 2017 - For example, the Governor could specify officials in the Franchise Tax Board and the California Department of Tax and Fee Administration to confer as needed with IOC or LA 2024 officials on any Games-related state tax policy issues that are identified in the future.
https://lao.ca.gov/Publications/Report/3695

The 2017-18 Budget: The Governor's May Revision Cannabis-Related Proposals

May 16, 2017 - Beginning in 2018 ‑19, the May Revision proposes an additional $1  million per year for two years from the CCF to provide county agricultural commissioners with resources for cannabis-related pesticide use training and outreach.
https://lao.ca.gov/Publications/Report/3672

The 2017-18 Budget: Secretary of State Spring Finance Letter

Apr 25, 2017 - Under SB  450, counties may replace the current precinct model of voting with a new “vote center ” model. However, there is no requirement that counties implement the vote center model. The law allows 14 counties —accounting for about one-fifth of California ’s registered voters —to implement the new voting model in 2018 and the remaining counties to implement the model in 2020.
https://lao.ca.gov/Publications/Report/3656

The 2017-18 Budget: Considering the State's Role in Elections

Mar 30, 2017 - In order to receive bond monies, a county had to expend $1 of county funds to receive $3 of bond monies —a three ‑to ‑one ratio of state ‑to ‑county money. The proportion of the bond monies available to each county depended on a formula that took into account each county ’s number of eligible, registered, and participating voters and number of polling places.
https://lao.ca.gov/Publications/Report/3634

The 2017-18 Budget: Considering the State's Role in Elections [Publication Details]

Mar 30, 2017 - We recommend the Legislature develop a new financial relationship between the state and counties to (1) direct statewide elections policy and (2) provide a reasonable and reliable level of financial support that reflects the benefits to the state of county elections administration.
https://lao.ca.gov/Publications/Detail/3634