The California Craft Cannabis Initiative [Ballot]

Jun 9, 2015 - In addition, state and local governments could also r eceive revenue from excise taxes, if such taxes were enacted by the Legislature. However, since the measure prohibits sales and use taxes on medical marijuana products, these reven ues would be partially offset by the loss of sales tax currently collected on such sales.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-017

FTB preliminary April income tax tally confirms prior estimates

May 3, 2013 - FTB preliminary April income tax tally confirms prior estimates FTB preliminary April income tax tally confirms prior estimates Program: Revenues Finding or Recommendation: This is a description of the preliminary April tally of personal and corporate income tax collections from the Franchise Tax Board.
https://lao.ca.gov/Recommendations/Details/751

The 2019-20 Budget: The Governor's Individual Health Insurance Market Affordability Proposals

Feb 7, 2019 - Franchise Tax Board (FTB) Would Administer State Mandate. The administration has indicated that FTB, which administers the state ’s personal income tax, would implement the proposed state individual mandate penalty.
https://lao.ca.gov/Publications/Report/3927

Cultivation, use, possession, and sale of marijuana. [Ballot]

Oct 26, 2015 - The measure also states that existing sales and use taxes shall not be applied to marijuana sold for medical use. The measure, however, authorizes the Legislature to impose new excise taxes on marijuana sold for recreational or medical use.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-060

A Look at Voter-Approval Requirements for Local Taxes [Publication Details]

Mar 20, 2014 - A Look at Voter-Approval Requirements for Local Taxes [Publication Details] Video Description: For about 100 years, California’s local governments generally could raise taxes without directly securing their residents’ consent.
https://lao.ca.gov/Publications/Detail/2978

Cultivation, use, possession, and sale of marijuana. [Ballot]

Oct 23, 2015 - The measure also states that existing sales and use taxes shall not be applied to marijuana sold for medical use. The measure, however, authorizes the Legislature to impose new excise taxes on marijuana sold for recreational or medical use.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-058

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017 ‑18 budget expands the state Earned Income Tax Credit to taxpayers with self ‑employment income and to include taxpayers with incomes up to $22,300, significantly increasing the number of taxpayers eligible to claim the tax credit.
https://lao.ca.gov/Publications/Report/3694/1

The 2019-20 Budget: California Spending Plan—Expands Earned Income Tax Credit (EITC) [Publication Details]

Oct 17, 2019 - The 2019-20 Budget: California Spending Plan—Expands Earned Income Tax Credit (EITC) [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/4099

Cap-And-Trade Auction Update and GGRF Projections

Dec 6, 2021 - For example, the Legislature could use GGRF to provide lump sum rebates to households, reduce other state taxes (such as sales tax rates), or use the funds to reduce retail electricity rates. Importantly, each of these “revenue recycling” options could be structured in a way that maintains cap‑and‑trade’s incentive for households and businesses to reduce
https://lao.ca.gov/Publications/Report/4480

The 2017-18 Budget: Overview of the Governor’s Proposition 98 Budget Package

Jan 13, 2017 - (Supplemental taxes consists of the property tax levied on properties sold midyear and are included in “other property tax revenue ” in the figure.) These increases are partially offset by a higher estimate of excess tax revenue.
https://lao.ca.gov/Publications/Report/3530