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Economy and Taxes (9)
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The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Subject to Legislative Appropriation $50.0 CDE Program or activities (such as physical security improvements and school ‑based mental health services) addressing risk factors for gun violence affecting K ‑12 students. 3 15.0 JC Court ‑based firearm relinquishment grant program to facilitate removal of firearms and ammunition from individuals who become prohibited from owning or possessing them
https://lao.ca.gov/Publications/Report/4970

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

Feb 28, 2025 - As shown in Figure 1, California’s motion picture production workforce is by far the largest in the United States, over 2.5 times the size of its largest competitor (New York), and has held fairly steady in size over the last two decades.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081

The 2018-19 Budget: Governor's Gann Limit Estimates

Apr 6, 2018 - Incorporating the final 2016 ‑17 data —as well as our estimates for 2017 ‑18 and 2018 ‑19 —reduces state room by $2.5  billion in 2016 ‑17, $1.7  billion in 2017 ‑18, and $610  million in 2018 ‑19 (relative to the administration ’s January 2018 estimates).
https://lao.ca.gov/Publications/Report/3800

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - This is about 2.5  percent of total statewide property tax revenue. This share is higher in some counties, such as San Luis Obispo (7  percent), El Dorado (6  percent), Sonoma (6  percent), and Santa Babara (5  percent).
https://lao.ca.gov/Publications/Report/3693

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - While these efforts very well could return inflation in California to the pre ‑pandemic norm of 2.5 percent per year, heightened inflation pressures —such as relatively high levels of consumer spending and wage growth —could result in elevated inflation that persists in the coming years.
https://lao.ca.gov/Publications/Report/4647

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The 2021‑22 budget provided $2.5 million one‑time General Fund to establish a new network of ten Inclusive Innovation Hub partnerships. GO‑Biz has not yet announced where the hubs will be located or which organizations are participating in them.
https://lao.ca.gov/Publications/Report/4529

The Property Tax Inheritance Exclusion

Oct 9, 2017 - This is about 2.5  percent of total statewide property tax revenue. This share is higher in some counties, such as Mendocino (9  percent), San Luis Obispo (7  percent), El Dorado (6  percent), Sonoma (6  percent), and Santa Barbara (5  percent).
https://lao.ca.gov/Publications/Report/3706

Do Communities Adequately Plan for Housing?

Mar 8, 2017 - As of 2015, vacancy rates (the share of all rental housing available to new tenants) were around 2.5 percent, less than half the national average. Fourth Cycle Housing Elements Often Failed to Anticipate Future Development.
https://lao.ca.gov/Publications/Report/3605