May 1997 Cal Update

Finally, major court cases relating to Medi-Cal rates, reimbursement of counties for indigent care costs, and state pensions are pending that could have significant General Fund implications. While the fiscal impacts are most likely to occur after the budget year, it is possible that early settlement of one or more of the cases could have fiscal impacts o n 1997-98.
https://lao.ca.gov/1997/cal_update/may_97_calupdate.html

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - In the wake of the Great Recession, a number of states eliminated their programs. Nonetheless, 37 states currently have active film tax  incentives. Recent Expansions in Other States. According to the National Conference of State Legislatures, at least ten states created or expanded film tax incentives in 2021.
https://lao.ca.gov/Publications/Report/4713

Income Tax Withholding Tracker: 3/30 to 4/3 [EconTax Blog]

Apr 3, 2020 - Nonetheless, given the pace and possible severity of the shift in the state ’s economy resulting from the COVID-19 outbreak, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/448

The 2023-24 Budget: Racial and Identity Profiling Mandate

Feb 27, 2023 - State law tasks the Commission on State Mandates (Commission) with determining whether new state laws or regulations affecting local governments create state-reimbursable mandates. Typically, the process for determining whether a law or regulation is a state-reimbursable mandate takes several years.
https://lao.ca.gov/Publications/Report/4715

Income Tax Withholding Tracker: 3/23 to 3/27 [EconTax Blog]

Mar 27, 2020 - Nonetheless, given the pace and possible severity of the shift in the state ’s economy resulting from the COVID-19 outbreak, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/446

Assessing the Provision of Criminal Indigent Defense

Sep 22, 2022 - Increased State Involvement Despite primarily being a county responsibility, the state has increased its involvement with the indigent defense system in recent years by providing funding and requiring certain assessments.
https://lao.ca.gov/Publications/Report/4623

The 2023-24 Budget: Sexual Assault Evidence Kits Testing Mandate

Feb 27, 2023 - State law tasks the Commission on State Mandates (Commission) with determining whether new state laws or regulations affecting local governments create state-reimbursable mandates. Typically, the process for determining whether a law or regulation is a state-reimbursable mandate takes several years.
https://lao.ca.gov/Publications/Report/4714

State Fiscal Health Index: May 2019 [EconTax Blog]

Jul 2, 2019 - State Fiscal Health Index: May 2019 [EconTax Blog] State Fiscal Health Index: May 2019 July 2, 2019 Justin Garosi State Fiscal Health Index: May 2019 Bottom Line: Some signs point to softening of economic conditions, but it is too soon to tell if a broader slowdown in the economy and state revenue is on the horizon.
https://lao.ca.gov/LAOEconTax/Article/Detail/383

Income Tax Withholding Tracker: 3/16 to 3/20 [EconTax Blog]

Mar 20, 2020 - Nonetheless, given the pace and possible severity of the shift in the state ’s economy resulting from the COVID-19 outbreak, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/443

The 2023-24 Budget: Scholarshare Investment Board

Mar 7, 2023 - SIB administers the state ’s college savings account programs. The state has a long-standing Scholarshare 529 program, which allows an individual to open a college savings account and make contributions on behalf of a student.
https://lao.ca.gov/Publications/Report/4731