Need-Based Financial Aid Award Amounts [EdBudget]

Jan 16, 2019 - The Cal Grant B Access Award consists of a statutory amount funded by state General Fund ($1,648) and a supplemental amount funded by the College Access Tax Credit. The size of the supplement each year depends on the level of tax credit funds.
https://lao.ca.gov/Education/EdBudget/Details/228

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Based on the recent federal approval of a similar tax in Michigan, federal approval of a reauthorized California MCO tax appears likely. Despite this development, the administration did not propose an extension of the MCO tax in 2019 ‑20, forgoing over $ 1  b illion in General Fund benefit.
https://lao.ca.gov/Publications/Report/3916

Proposition 98 Property Tax Revenue Estimates Under Governor's Budget [EdBudget]

Jan 11, 2019 - Proposition 98 Property Tax Revenue Estimates Under Governor's Budget [EdBudget] 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/Education/EdBudget/Details/206

Main Types of Disaster Recovery Assistance

Jan 10, 2019 - Tax Relief Income Tax Relief. Under federal law , taxpayers can claim an itemized deductions for property losses that are not reimbursed by insurance and that stem from federally declared disasters. (Prior to 2018, unreimbursed disaster-related losses were generally deductible regardless of whether they were attributable to a federally declared disaster.)
https://lao.ca.gov/Publications/Report/3917

Federal Approval of a Reauthorized Managed Care Organization Tax Now Appears More Likely

Dec 21, 2018 - MCO Tax Package Included Changes to Other Taxes Paid by Some MCOs. The MCO tax package cut other taxes paid by some MCOs and certain affiliated health insurance companies. Specifically, certain types of income currently subject to the corporation tax is exempted from taxation and certain premium revenue is
https://lao.ca.gov/Publications/Report/3915

Federal Approval of a Reauthorized Managed Care Organization Tax Now Appears More Likely [Publication Details]

Dec 21, 2018 - Federal Approval of a Reauthorized Managed Care Organization Tax Now Appears More Likely [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/3915

Assessing California’s Climate Policies—An Overview

Dec 21, 2018 - For example, revenue from cap ‑and ‑trade auctions could be used to reduce other state taxes that reduce economic activity, such as income taxes and certain types of sales taxes. Types of Social Costs In concept, economic costs occur when people give up something valuable as a result of actions taken to reduce emissions —also referred to as
https://lao.ca.gov/Publications/Report/3911

Assessing California’s Climate Policies—Transportation

Dec 21, 2018 - For the CalTrans and DGS programs, the funding is coming from existing state taxes and fees. So, spending from these programs represent an opportunity cost of not being able to spend these funds on other allowable purposes or lower taxes and fees.
https://lao.ca.gov/Publications/report/3912

The 2020 Census: Potential Impacts on California

Dec 13, 2018 - Administrative records that the Bureau will use include: tax returns from the Internal Revenue Service, Medicare and Medicaid enrollment information, Supplemental Nutrition Assistance Program records, and property tax and deed data.
https://lao.ca.gov/Publications/Report/3909

November 2018 State Tax Collections [EconTax Blog]

Dec 12, 2018 - November 2018 State Tax Collections [EconTax Blog] Seth Kerstein November 2018 State Tax Collections Personal Income Tax (PIT) Collections in November Higher Due to Processing Issue. As noted last month , a processing issue caused a delay in the receipt of October withholding.
https://lao.ca.gov/LAOEconTax/Article/Detail/334