The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Miller, Keaton and Boyoung Seo (2019). “Tax Revenues When Substances Substitute: Marijuana, Alcohol, and Tobacco. ” Mimeo, University of Oregon. National Academies of Sciences, Engineering, and Medicine (2017).
https://lao.ca.gov/Publications/Report/4125

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

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Our analysis of these issues in the next two sections revolves around two overarching questions: How much should CDTFA spend on cannabis and tobacco enforcement? How should the state pay for these activities?
https://lao.ca.gov/Publications/Report/5132

Fixing Unemployment Insurance

Dec 2, 2024 - However, whether or not the Legislature takes action, employers will soon pay more in UI taxes than they do today due to escalating charges under federal law. Making changes now will allow the Legislature to make strategic choices about how to repay the federal loan, while also replacing the UI financing system with one that is simpler, balanced, and flexible.
https://lao.ca.gov/Publications/Report/4943

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Natcast is the nonprofit organization in charge of the NSTC. Natcast Currently Relies on Federal Funding. On January 16, 2025, the U.S. Department of Commerce announced an award of “up to $6.3  billion ” to fund Natcast.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget package also included supplemental reporting language requiring a report —due on or before March  1, 2026, and annually thereafter for three years —on the problems the program was designed to address and how the funds were used.
https://lao.ca.gov/Publications/Report/5081/

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - One such measure is average deviation (AD), which was also used in our previous report . AD summarizes how annual observations deviate from the average annual compounded growth rate over a period of years.
https://lao.ca.gov/Publications/Report/3703

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - This added complexity could create increased administrative burdens for builders, lenders, and government agencies tasked with funding affordable housing. Added complexity also could open the possibility of unintended consequences or misuse of funds.
https://lao.ca.gov/Publications/Report/4038

Comparing Taxes on Cannabis to Taxes on Other Products in California

Dec 17, 2019 - Second, under a new law that takes effect January 1, 2020 (Chapter  837, Statutes of 2019 [SB  34, Wiener]), medical cannabis products that businesses donate to consumers free of charge (and that meet other conditions) are fully exempt from the state ’s cannabis excise taxes.
https://lao.ca.gov/Publications/Report/4123