Increases in the statewide minimum wage. [Ballot]

Jul 16, 2015 - Likely Reduction in State Income Tax Revenue. The state collects income taxes from individuals and businesses under the personal income tax —the state government ’s largest revenue source —and corporation tax.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-032

The Compassionate and Sensible Access Act [Ballot]

Jun 4, 2015 - State and local governments currently collect sales tax on medicinal marijuana sales. A small number of cities also impose a supplemental tax on medical marijuana sales. We estimate that the total amount of state and local revenue collected statewide from medical marijuana sales and supplemental taxes likely is in the high tens of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-018

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

A proposed constitutional and statutory initiative related to poverty reduction. [Ballot]

Sep 4, 2015 - Decreased State PIT and Corporate Tax Revenues. The increased property tax payments resulting from the measure would decrease taxable personal and corporate income as higher property tax payments are deducted and, in turn, decrease state PIT and corporation tax revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-043

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The state ’s “Big Three ” General Fund taxes —the personal income tax, sales and use tax, and corporation tax —are assumed to increase at a slightly higher rate (4.2  percent). The difference between these growth rates is attributable to a decline in other revenues.
https://lao.ca.gov/Publications/Report/3487

California Electrical Utility District Act [Ballot]

Feb 26, 2015 - In addition, while transferring the responsibility to provide electricity from private companies to a public entity would likely reduce certain state and local tax revenues (such as property tax and corporate income tax) because public entities often do not pay such taxes, it is uncertain how governments would respond to this potential reduction in tax revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-002

The 2021-22 Spending Plan: Human Services

Nov 22, 2021 - The state has funded the restoration of IHSS service hours with General Fund since 2016 ‑17 so long as the managed care organization (MCO) tax established in 2016 was in place. While the 2016 MCO tax expired at the end of 2018 ‑19, the 2019 ‑20 budget continued the use of General Fund to restore IHSS service hours, subject to potential suspension on December 31, 2021.
https://lao.ca.gov/Publications/Report/4476/4

A proposed constitutional initiative related to medical marijuana. [Ballot]

Sep 3, 2015 - State and local governments currently collect sales tax on medicinal marijuana sales. A small number of cities also impose a supplemental tax on medical marijuana sales. We estimate that the total amount of state and local revenue collected statewide from medical marijuana sales and supplemental taxes likely is in the high tens of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-041

The 2019-20 Budget: California's Fiscal Outlook

Nov 14, 2018 - With respect to these formulas, we assume: Sales Tax Reductions Are Not Triggered. California has two statutes that trigger reductions in the state ’s sales tax rate if balances in discretionary reserves reach a certain threshold.
https://lao.ca.gov/Publications/Report/3896

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - The Legislature can respond to excess revenues by (1)  lowering tax revenues, (2) splitting the excess between taxpayer rebates and one ‑time payments to school and community college districts, or (3) appropriating more money for purposes excluded from the limit.
https://lao.ca.gov/Publications/Report/4473