California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Under SB  3, the statewide minimum wage will continue to increase by up to 3.5  percent each year, depending on inflation. New Minimum Wages for Certain Types of Employers. In 2023, the Legislature passed and the Governor signed two industry-specific minimum wages: one for fast-food chains (Chapter  262 [AB  1228, Holden]), and another for health care facilities (Chapter  890 [SB  525, Durazo]).
https://lao.ca.gov/Publications/Report/4878

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - In part, the variation from the state payment schedule is driven by the federal payment schedule, which is still made up of four equal payments Many taxpayers also make larger estimated tax payments at the end of the tax year.
https://lao.ca.gov/Publications/Report/4722

Industry Wage Growth in California - Industry Wage Growth in California [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Industry Wage Growth in California November 8, 2017
https://lao.ca.gov/Videos/Player?playlistId=112

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

Feb 23, 2026 - The Governor proposes $3.3  million of augmentations in 2026 ‑27 and ongoing to address enforcement responsibilities stemming from a new law on hemp ‑derived cannabinoids (Chapter  248 of 2025 [AB  8, Aguiar ‑Curry]).
https://lao.ca.gov/Publications/Report/5132

Assessing Recent Changes to California Competes

Mar 30, 2020 - For 2018 ‑19, a total of $219. 8  m illion was available ($ 180  m illion plus $39. 8  m illion of recaptured credits). GO ‑Biz predetermines a set amount of credits it will award to applicants in each period.
https://lao.ca.gov/Publications/Report/4213

The 2018-19 Budget: The Administration's Proposition 55 Estimates in the May Revision

May 22, 2018 - These are: (1) statutory cost ‑of ‑living adjustments, (2) chaptered legislation, (3) one ‑time expenditures, (4) the full ‑year costs of partial ‑year programs, (5) costs incurred pursuant to constitutional requirements, (6) federal mandates, (7) court ‑ordered mandates, (8) state employee merit salary adjustments, and (9) state agency operating expense and equipment cost adjustments to reflect price increases.
https://lao.ca.gov/Publications/Report/3844

The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Jan 26, 2022 - In  anticipation of a $54  billion budget problem, Chapter  8 of 2020 (A B  85 , Committee on Budget) limited the use of net operating loss deductions and business credits for 2020, 2021, and 2022 to temporarily increase tax revenue.
https://lao.ca.gov/Publications/Report/4500

Reconsidering AB 8: Exploring Alternative Ways to Allocate Property Taxes [Publication Details]

Feb 3, 2000 - Reconsidering AB 8: Exploring Alternative Ways to Allocate Property Taxes [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/657

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - As Figure  8 shows, during the past decade counties that had more older homeowners also had more parent-to-child exclusions. This suggests a relationship between aging homeowners and parent-to-child exclusions.
https://lao.ca.gov/Publications/Report/3693

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - California taxes S corporation income similarly, except that the state also imposes a 1. 5  p ercent tax on the income of S corporations at the entity level. This 1. 5  p ercent rate is lower than the 8. 84  p ercent rate paid by “C corporations, ” whose income (other than dividends paid to shareholders) is not taxed at the individual level.
https://lao.ca.gov/Publications/Report/4327