Homeowners’ and renters’ tax relief. [Ballot]

Nov 2, 2017 - California  levies a personal income tax (PIT) on the income of state residents and on any income of nonresidents that is derived from California sources. The PIT is the state ’s largest revenue source, raising about $83  billion in 2016-17.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-032

Homeowners and renters tax relief. [Ballot]

Jun 22, 2015 - Increased PIT Revenues From Decrease in Property Tax Deductions. The decrease in PIT revenues due to the change in the renters ’ credit would be partially offset by an increase in PIT revenues of around $100 million dollars annually arising from a reduction in the amount of property taxes deducted by income tax payers.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-028

Taxation of commercial property. [Ballot]

Oct 2, 2019 - By increasing property tax payments for commercial and industrial properties, the measure would decrease taxable personal and corporate income and, in turn, decrease state PIT and corporate tax revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-008

Taxation of commercial property. [Ballot]

Feb 5, 2018 - California levies a tax, known as the personal income tax (PIT), on the income of state residents, as well as the income of nonresidents derived from California sources. The PIT i s the state ’s largest revenue source, raising around $83  billion in 2016-17.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-055

Proposition 3 [Ballot]

Nov 5, 2024 - Proposition 3 [Ballot] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/BallotAnalysis/Proposition?number=3&year=2024

A proposed constitutional and statutory initiative related to poverty reduction. [Ballot]

Sep 4, 2015 - California levies a tax, known as the PIT, on the income of state residents, as well as the income of nonresidents derived from California sources. The PIT is the state ’s largest revenue source, raising around $78  billion in 2014-15.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-043

Funding for California’s health care safety net. [Ballot]

Jan 3, 2018 - California levies a personal income tax (PIT) on the income of state residents and on income of nonresidents that is derived from California sources. The portion of the PIT that flows to the state ’s General Fund imposes rates ranging from 1  percent to up to 12.3  percent on different portions of a filer ’s income.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-047

Splitting California into three new U.S. states. [Ballot]

Oct 9, 2017 - In 2014, as shown in Figure  2, the per capita PIT paid by filers in Northern California was much higher than that paid by filers in either of the other two proposed states. This is because Bay Area residents have the highest income levels in the state, and the existing California PIT relies on a progressive rate structure —one in which higher-income individuals
https://lao.ca.gov/BallotAnalysis/Initiative/2017-018