The 2017-18 Budget: Governor's Gann Limit Proposal

Mar 2, 2017 - Essentially, this means that appropriations from tax levies are subject to the limit. For example, revenues from the state ’s “big three ” taxes —the personal income tax, sales and use tax, and corporation tax —were included in the initial calculation of state proceeds of taxes.
https://lao.ca.gov/Publications/Report/3596

The 2017-18 Budget: Governor's Gann Limit Proposal [Publication Details]

Mar 2, 2017 - Under the State Constitution, state tax revenues in excess of the Prop 4 (1979) state appropriations limit, or Gann Limit, must be split between taxpayer rebates and additional school spending. The Governor now proposes a new calculation methodology that creates $22 billion in additional state spending capacity.
https://lao.ca.gov/Publications/Detail/3596

February 2017 Cap-and-Trade Auction Results [EconTax Blog]

Mar 1, 2017 - Follow @LAOEconTax on Twitter for regular California economy and tax updates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/232

The 2017-18 Budget: Analysis of Special Education “Disconnect”

Mar 1, 2017 - (Roughly ten SELPAs will be most opposed to the first option, as they have sufficient property tax revenue to continue covering the higher statutory funding levels. These SELPAs w ould see some of their property tax revenue go to cities, counties, and/or trial courts, consistent with existing related statutory provisions.)
https://lao.ca.gov/Publications/Report/3598

The 2017-18 Budget: California State Payroll System

Feb 28, 2017 - In addition, the SCO completed reconciliations for the 100 interfaces that connect with other payroll system payees, such as healthcare providers, retirement savings systems, and tax agencies. Lawsuits Settled.
https://lao.ca.gov/Publications/Report/3590

The 2017-18 Budget: Governor’s Proposal to Strengthen Information Security

Feb 28, 2017 - Given the extensive assortment of sensitive data that the state maintains, including Social Security numbers, health records, and income tax information, the state is a prime target for information security attacks.
https://lao.ca.gov/Publications/Report/3594

The 2017-18 Budget: Analysis of the Human Services Budget

Feb 28, 2017 - The MCO tax is expected to be effective through 2018-19. Update on the Implementation of Federal Labor Regulations That Affect Home Care Workers In February 2016, the state implemented the new federal labor regulations for IHSS providers following a one-year delay due to federal court action.
https://lao.ca.gov/Publications/Report/3576/2

The 2017-18 Budget: The Coordinated Care Initiative: A Critical Juncture

Feb 27, 2017 - Other 1991 Realignment Programs Will Not Receive Sales Tax Growth. Due to the increased costs in IHSS, likely no sales tax growth will be available for programs downstream of the Social Services and Caseload Subaccounts for many years.
https://lao.ca.gov/Publications/Report/3585

The 2017-18 Budget: California Competes Tax Credit

Feb 27, 2017 - The first businesses that negotiated California Competes tax credit agreements with GO-Biz in 2014 were allowed to claim tax credits against their 2014 tax year income tax liability (provided they achieved their hiring and investment targets).
https://lao.ca.gov/Publications/Report/3586

The 2017-18 Budget: California Competes Tax Credit [Publication Details]

Feb 27, 2017 - The 2017-18 Budget: California Competes Tax Credit [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/3586