The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Governor proposes $ 200  m illion General Fund for local governments that show progress toward developing shelters and housing for the homeless. Funding for Whole Person Care (WPC) Pilot Programs.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The 2019-20 Budget: California Spending Plan—Conformity $1,278 a Estimated revenue reduction of less than $1 million. This post explains how each of the tax conformity provisions changes the state ’s tax laws.
https://lao.ca.gov/Publications/Report/4100

The 2018-19 Budget: California Competes Proposal

Feb 21, 2018 - Specifically, GO-Biz would be allowed to award new credits through 2022 ‑23 and credits could be claimed until January 1, 2030. In addition, the proposal would: Reduce the amount of credits from $200  million per year to $180  million per year.
https://lao.ca.gov/Publications/Report/3759

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

Feb 28, 2025 - The annual amount of credit claims per year has settled in the range of $150  million to $200  million for the last several years. Claims were lower in the first several years of the program because (1)  the amount of credits available was lower and (2)  credit claims often lag behind the initial award as taxpayers can carry forward credits if they do not have sufficient tax liability in that year.
https://lao.ca.gov/Publications/Report/5000

Evaluating the Sale-Leaseback Proposal: Should the State Sell Its Office Buildings? [Publication Details]

Apr 27, 2010 - We estimate that the sale of buildings would result in one-time revenue to the state of between $600 million and $1.4 billion, but that annual leasing costs would eventually exceed ownership costs by approximately $200 million.
https://lao.ca.gov/Publications/Detail/2261

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Under AB  784, the exemption would have ended on January 1, 2024. Chapter  353 of 2022 (AB  2622, Mullin) pushed back the expiration date to January 1, 2026 and required our office to publish our analysis by May 1, 2024.
https://lao.ca.gov/Publications/Report/4890

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - We estimate that conforming beginning July 1, 2020 would increase PIT revenue by about $200  million in 2020 ‑21, $400  million in 2021 ‑22, and increasing amounts over time. Eliminate Mortgage Interest Deduction for Second Homes.
https://lao.ca.gov/Publications/Report/4238

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

Jan 13, 2020 - In health, the largest single ongoing spending proposals include nearly $ 200  m illion in 2020 ‑21 for the Medi ‑Cal Healthier California for All proposal (there also are one ‑time or temporary components of this proposal).
https://lao.ca.gov/Publications/Report/4135

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The California Constitution requires the state to reimburse local governments when (1)  new state laws or regulations mandate that they implement a new program or higher level of service and (2)  the local government does not have offsetting revenues available to fully cover the associated costs.
https://lao.ca.gov/Publications/Report/5130

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

Feb 28, 2023 - Because of this, the administration estimates that making the credit refundable would increase state costs for the proposed extension by a total of $200  million across multiple years. Increased Administrative Complexity.
https://lao.ca.gov/Publications/Report/4713