The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The 2025-26 California Spending Plan: Other Provisions 90 $6,314.1 For a variety of reasons, we do not reflect certain capital outlay projects in the figure or linked table. Specifically, to avoid double counting previously provided funds or because specific data are not available, we do not include projects for which funding is: (1)  continuously appropriated, such as some bond
https://lao.ca.gov/Publications/Report/5081/

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - Taxpayers may only elect to make 90  percent of their total credit allocation refundable, and the use of such credits must be spread across the five taxable years beginning with the year of election.
https://lao.ca.gov/Publications/Report/5000

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - For smooth implementation, the Department of Tax and Fee Administration (CDTFA) generally advises state and local lawmakers to enact sales and excise tax rate changes at least 90 days before they go into effect.
https://lao.ca.gov/Publications/Report/4528

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - In particular, fuel tax reductions would need to be enacted 60 to 90 days before they could go into effect. What Are the Key Fiscal and Policy Trade ‑Offs? In prioritizing relief, the Legislature will also need to balance this against its other budget and policy aims.
https://lao.ca.gov/Publications/Report/4597

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

Feb 28, 2023 - Specifically, a taxpayer may receive a refund equal to the lesser of: (1)  18  percent of the credit or (2)  90  percent of the portion of the credit exceeding their tax liability. A taxpayer electing to receive such a refund would forfeit a portion of their credit equal to the lesser of: (1)  2  percent of the credit or (2)  10  percent of the portion of the credit exceeding their tax liability.
https://lao.ca.gov/Publications/Report/4713

Review of the California Competes Tax Credit

Oct 31, 2017 - Chapter 69 and Chapter  70 of 2013 (AB  93, Committee on Budget, and SB 90, Galgiani) eliminated EZs and replaced them with three new economic development programs: A partial sales tax exemption for purchases of certain manufacturing equipment.
https://lao.ca.gov/Publications/Report/3709

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The Governor proposes to increase the total amount of California Competes credits that GO ‑Biz may award in 2020 ‑21 and 2021 ‑ 22 b y $ 90  m illion per year. The administration estimates that the resulting reductions in General Fund revenue would be $ 10  m illion in 2021 ‑22, $ 35  m illion in 2022 ‑23, $ 50  m illion in 2023 ‑24, and $ 85  m illion in later years.
https://lao.ca.gov/Publications/Report/4327

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The executive reorganization process not only is relatively expedient (it can be completed in 90 days) but also includes a framework designed to increase the likelihood that a reorganization would be effective and smoothly implemented.
https://lao.ca.gov/Publications/Report/4135

Common Claims About Proposition 13

Sep 19, 2016 - The year before Proposition  13 passed, property taxes comprised over 90  percent of cities ’ and counties ’ local tax revenue. Today, that share is less than two –thirds . Cities and Counties Have More Control Over Sales, Hotel, and Utility Taxes Than Property Taxes.
https://lao.ca.gov/Publications/Report/3497

Evaluation of the Property Tax Postponement Program

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/Report/3885