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

Feb 22, 2017 - Excludes General Fund backfill, which Department of Finance indicates will be reflected in May. c Includes enforcement funds allocated to the Department of Justice, Office of the Attorney General, Department of Public Health, and the Board of Equalization. d Includes $87 million which will be expended in 2018 ‑19.
https://lao.ca.gov/Publications/Report/3573

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

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - Supplementing UC Retirement Liability Payments. Under a three-year plan, the UC Regents agreed to limit the amount of future employee salaries that may count toward UC employees ’ pension benefits and received additional General Fund payments to reduce their unfunded liabilities.
https://lao.ca.gov/Publications/Report/3727

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The Governor ’s budget includes various General Fund increases for the California State University (CSU) and the University of California (UC). The largest ongoing proposal for each segment is a 5  p ercent General Fund base increase ($ 199  m illion for CSU and $ 169  m illion for UC).
https://lao.ca.gov/Publications/Report/4135

The 2017-18 Budget: Governor's Gann Limit Proposal

Mar 2, 2017 - In fact, the state had excess revenues of $1.1  billion in 1986 ‑ 87 —equal to over $2  billion in today ’s dollars. Proposition  4 required the excess to be rebated to taxpayers. Proposition   98 (1988) Changed How Excess Revenues Are Distributed.
https://lao.ca.gov/Publications/Report/3596

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

Jan 14, 2019 - For UC, $ 200  m illion of its ongoing augmentation is intended to cover increases in operating costs (including some employee compensation costs), student success initiatives, student hunger and housing initiatives, mental health services, and 2018 ‑ 19 e nrollment.
https://lao.ca.gov/Publications/Report/3916

The 2017-18 Budget: The Board of Equalization

Mar 7, 2017 - Effective April 1, 2017, this measure will increase the state excise tax rate on cigarettes by $2 per pack—from 87 cents to $2.87—and increase the state excise tax on other tobacco products by a similar amount.
https://lao.ca.gov/Publications/Report/3609

The 2020-21 Budget: Taxation of E-Cigarettes

Feb 24, 2020 - Packs typically contain 20 c igarettes and thus require a $2. 87 t ax stamp. A second, less common type of pack contains 25 c igarettes and requires a $3. 59 t ax stamp. As a result, the vendor needs to produce just two denominations of stamps, and taxpayers can comply with the tax by affixing just one stamp to each pack.
https://lao.ca.gov/Publications/Report/4171

California’s First Film Tax Credit Program

Sep 29, 2016 - The state ’s corporation tax was most significantly affected —we estimate that nearly $700  million in tax credits, 87  percent of the total, will be applied against corporation tax liabilities. Just over $100  million in film tax credits will be used to request refunds of sales and use tax.
https://lao.ca.gov/Publications/Report/3502