Taxation of Sugary Drinks [Publication Details]

Nov 26, 2018 - The law stated the Legislature’s intent to regulate the imposition and collection of such taxes to the exclusion of local action. As such, the Legislature may face the following decisions: (1) Should the state levy an excise tax on sugary drinks?
https://lao.ca.gov/Publications/Detail/3903

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - The state charges a flat, simple interest rate of 7  p ercent on PTP accounts. Before the program was suspended, the state charged a rate that varied based on the rate of return in the state ’s checking account, known as the Pooled Money Investment Account.
https://lao.ca.gov/Publications/Report/3885

Evaluation of the Property Tax Postponement Program [Publication Details]

Oct 8, 2018 - Housing is very expensive in California—in early 2018, the typical California home cost $481,000, roughly double the price of the typical home in the United States. The state offers the Property Tax Postponement (PTP) Program to help certain homeowners afford their property taxes and stay in their homes.
https://lao.ca.gov/Publications/Detail/3885

The 2018-19 Budget: The Administration's Proposition 55 Estimates in the May Revision

May 22, 2018 - These are: (1) statutory cost ‑of ‑living adjustments, (2) chaptered legislation, (3) one ‑time expenditures, (4) the full ‑year costs of partial ‑year programs, (5) costs incurred pursuant to constitutional requirements, (6) federal mandates, (7) court ‑ordered mandates, (8) state employee merit salary adjustments, and (9) state agency operating expense and equipment cost adjustments to reflect price increases.
https://lao.ca.gov/Publications/Report/3844

The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion

May 14, 2018 - The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion State Earned Income Tax Credit Expansion Background State Earned Income Tax Credit (EITC) Boosts Low-Income Households ’ Earnings.
https://lao.ca.gov/Publications/Report/3835

The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion [Publication Details]

May 14, 2018 - The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion [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/3835

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - A multitude of factors, however, will influence the path of the state ’s economy in ways that are very difficult to anticipate. Some of these factors are discussed below. Tight Labor Markets. The state ’s unemployment rate (4.2  percent as of March  2018) is the lowest it has been in decades.
https://lao.ca.gov/Publications/Report/3829

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Depending on corporations ’ tax status in California, a portion of this returning cash will be taxed by the state. Specifically, the state taxes corporate profits based on the business ’ share of sales generated in California (which is roughly 7 percent on average).
https://lao.ca.gov/Publications/Report/3830

The 2018-19 May Revision: LAO Economic Outlook [Publication Details]

May 12, 2018 - In this report, we discuss our new economic outlook for the state, released as part of our response to the Governor's 2018-19 May Revision.
https://lao.ca.gov/Publications/Detail/3829

The 2018-19 May Revision: LAO Revenue Outlook [Publication Details]

May 12, 2018 - In this report, we discuss our new revenue outlook for the state, released as part of our response to the Governor's 2018-19 May Revision.
https://lao.ca.gov/Publications/Detail/3830