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

Feb 23, 2026 - This program is a key element of the Master Settlement Agreement that California and 45 other states reached with the four largest cigarette manufacturers in 1998. The California Electronic Cigarette Excise Tax Program administers a 12.5  percent tax on retail sales of e ‑cigarettes.
https://lao.ca.gov/Publications/Report/5132

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - This fee-funded program is a key element of the Master Settlement Agreement that California and 45 other states reached with the four largest cigarette manufacturers in 1998. The California Electronic Cigarette Excise Tax Program administers a 12.5  percent tax on retail sales of e-cigarettes.
https://lao.ca.gov/Publications/Report/4966

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - Since 1998, newly formed corporations have been exempted from paying the $ 800 m inimum franchise tax in their first year of business. About 100, 000 n ew corporations are formed each year. However, the Franchise Tax Board (FTB) reports that only about three ‑quarters of new corporations claim the exemption because many new corporations do not understand their tax filing requirements.
https://lao.ca.gov/Publications/Report/4207

The 2017-18 Budget: An Overview of the Governor's Proposition 56 Proposals

Feb 22, 2017 - ., et  al ) considered issues concerning supplantation of funds related to Proposition  10 (1998), another voter ‑approved tobacco measure. In that case, the question before the court was whether the state could shift Proposition  10 revenues from First 5 Commissions to Medi ‑Cal.
https://lao.ca.gov/Publications/Report/3573