Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - Finally, about 20  percent of PIT volatility is due to deductions and credits, which mostly serve to reduce the tax liabilities of low ‑income and middle ‑income taxpayers, whose total income is remarkably stable.
https://lao.ca.gov/Publications/Report/3703

Updating the California Necessities Index

Aug 14, 2025 - These indices are based on changes in prices for consumers in the state ’s four largest metropolitan areas, with the California CPI ‑W tracking prices of goods and services bought by wage earners in those areas.
https://lao.ca.gov/Publications/Report/5065

The 2017-18 Budget: The Board of Equalization

Mar 7, 2017 - As we described in a 2015 report , BOE administers these tax and licensing programs. 2016 Legislation Made Changes to Licensing Program. In 2016, the Legislature made significant changes to the tobacco licensing program.
https://lao.ca.gov/Publications/Report/3609

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The CFC ’s new DEIA checklist provides a rubric for the types of DEIA activities that should be enacted and subsequently documented in the DEIA Workplan, Interim Assessment, and Final Assessment. Four  separate categories must be addressed and are evaluated by CFC as part of their determination as to whether an applicant has made a good ‑faith attempt to meet the
https://lao.ca.gov/Publications/Report/5036

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

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

Feb 23, 2026 - For example, when Proposition  64 (2016) established the excise tax on cannabis, it followed this standard model by authorizing continuous appropriations for the Cannabis Tax Program from the Cannabis Tax Fund.
https://lao.ca.gov/Publications/Report/5132

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Final Year of Funding for California Education Learning Lab. The budget package includes a final year of funding totaling $5.5  million from the General Fund for the California Education Learning Lab, with the intention to eliminate the program beginning in 2026-27 (which will achieve $4  million in ongoing savings).
https://lao.ca.gov/Publications/Report/5081/

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Finally, the applicant (or another party, like an heir) repays SCO for the tax payments. Homeowners Submit Annual Applications to SCO Eligibility for PTP Based on Three Main Criteria. Homeowners apply for PTP each year between October  1 and February  10.
https://lao.ca.gov/Publications/Report/3885

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Finally, agreements include recapture provisions that allow GO-Biz to reduce or reclaim credits if recipients fail to meet hiring or investment commitments. Empirical Evidence Points to Effectiveness of Tax Credit for Job Creation.
https://lao.ca.gov/Publications/Report/5162

California’s First Film Tax Credit Program

Sep 29, 2016 - (We have previously commented on these, http://www.lao.ca.gov/reports/2012/stadm/letters/evaluate–film–tax–credit–061312.pdf and http://www.lao.ca.gov/reports/2016/3489/cdfi–tax–credit–063016.pdf , and have controlled for some in our approach.)
https://lao.ca.gov/Publications/Report/3502