The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Based on the scope of the contract, the administration now anticipates (1)  savings of $425  million in 2025-26 from two departments ($300  million from DHCS and $125  million from CDCR) and (2)  unknown savings in the outyears.
https://lao.ca.gov/Publications/Report/5081

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

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

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - This suggests that the annual revenue loss from the flavor ban might be around $300  million to $400  million. Interpretation of Revenue Loss Unclear. Under the flavor ban, people who otherwise would consume flavored tobacco have three main options: (1)  avoid tobacco use altogether, (2)  switch to unflavored tobacco products, or (3)  obtain flavored tobacco from sources that violate the ban or from sources not subject to the ban (for example, other states).
https://lao.ca.gov/Publications/Report/4966

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

Feb 28, 2023 - Over the same time period, around $300  million in credits were claimed against the sales tax. This shift may be due in part to actions taken in the 2020  budget package to limit taxpayers ’ use of business tax credits in 2020 and 2021.
https://lao.ca.gov/Publications/Report/4713

Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - For example, if a participant sells 300 additional electric vehicles, the calculation assumes that consumers buy 300 fewer conventional gasoline vehicles. For some consumers, the closest substitute for an electric vehicle made by the participant might indeed be a conventional gasoline vehicle.
https://lao.ca.gov/Publications/Report/3907

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

Jan 14, 2019 - The Governor proposes $ 300  m illion General Fund in 2019 ‑20 for local governments to expand or develop emergency shelters, navigation centers, and supportive housing. The funding would be available to local governments that develop joint regional plans to address homelessness.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - First, the income limits were raised from $22, 300 t o $24,950 for filers with dependents and from $15, 000 t o $16,750 for workers with no dependents. This increased the number of workers eligible for the state credit.
https://lao.ca.gov/Publications/Report/3960

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