Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Evaluation of a Tax Exemption for Zero-Emission Buses Evaluation of a Tax Exemption for Zero-Emission Buses Introduction Chapter  684 of 2019 (AB  784, Mullin) created a partial sales tax exemption for zero-emission buses (ZEBs) purchased by transit agencies (hereafter, “ZEB exemption ”).
https://lao.ca.gov/Publications/Report/4890

Fixing Unemployment Insurance

Dec 2, 2024 - The federal surcharge is designed to temporarily increase employer contributions to repay the federal loan, and it drops to zero once the trust fund balance reaches zero (meaning the loan has been repaid).
https://lao.ca.gov/Publications/Report/4943

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - This will allow many filers with zero liability to benefit from the credit. Under prior law, many filers who were eligible for the highest credit amounts did not benefit from the credit because their incomes were too low to have positive liability.
https://lao.ca.gov/Publications/Report/4410

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

Oct 17, 2019 - The amount of the additional credit is reduced by $20 for every $100 of additional income after $25,000 so that the amount phases out to zero for filers with income above $30,000. When state minimum wage reaches $15 an hour the phase out for this credit will be adjusted for inflation.
https://lao.ca.gov/Publications/Report/4099

The 2017-18 Budget: Evaluating the State-County Assessors' Partnership Agreement Program

Mar 27, 2017 - This range includes zero as well as some positive values. Figure A ‑1: Regression Results Dependent Variable: Annual Change in Taxable Property Values a Explanatory Variables c
https://lao.ca.gov/Publications/Report/3632

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

Jan 13, 2020 - While the Legislature could set this fund balance to any amount greater than zero, since 2015 ‑ 16 t he state has enacted balances in the SFEU of around $1. 5  b illion. $1.6   Billion in Ongoing Spending.
https://lao.ca.gov/Publications/Report/4135

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - That said, two factors could make the net increase in GHG emissions modest —perhaps even zero. First, a temporary price reduction of a few cents per gallon likely would result in a small increase in fuel consumption.
https://lao.ca.gov/Publications/Report/4528

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

May 12, 2022 - Providing rebates to zero ‑emission vehicle owners (as included in the Governor ’s proposal), however, would not have any link to gas price  burden. In contrast, if the Legislature ’s goal is to provide relief to those experiencing the greatest financial hardship, it may want to consider options beyond those linked to fuel taxes and vehicle ownership.
https://lao.ca.gov/Publications/Report/4597

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Projects eligible for funding include port‑specific projects, intermodal railyard expansion and electrification, goods movement railway corridor capacity projects, grade separations, and zero‑emission goods movement demonstration projects.
https://lao.ca.gov/Publications/Report/4540

Volatility of the Personal Income Tax Base

Feb 8, 2017 - For example, residents with total income low enough to have a state tax liability of zero are not required to file, although many indeed file state returns. For purposes of this brief, we exclude the non ‑filers ’ income from the PIT tax base as we have no data on their income and would not be able to estimate it with any precision.
https://lao.ca.gov/Publications/Report/3548