Updating the California Necessities Index

Aug 14, 2025 - Therefore, we do not consider approaches that would use proprietary  data. Transparency. Second, like the current formula, alternatives should provide an intuitive way to judge changes in the cost of necessities.
https://lao.ca.gov/Publications/Report/5065

The 2019-20 Budget: Tax Conformity

Mar 6, 2019 - These provisions affect few filers or do not have a significant fiscal effect. Generally, these provisions do not run afoul of existing state tax policy. The Governor proposes conforming to five of the major provisions described below.
https://lao.ca.gov/Publications/Report/3959

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - Jackson, C. Kirabo, Rucker C. Johnson, and Claudia Persico. “The Effects of School Spending on Educational and Economic Outcomes: Evidence from School Finance Reforms. ” The Quarterly Journal of Economics 131.1 (2016): 157 ‑218.
https://lao.ca.gov/Publications/Report/4713

Taxation of Sugary Drinks

Nov 26, 2018 - Some types of 100  p ercent juice contain protein or fiber, but many others do not. Many types of 100  p ercent juice contain vitamins and minerals, but so do many sugary fruit drinks and energy drinks.
https://lao.ca.gov/Publications/Report/3903

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - However, since the lag between the credit agreement and the outcomes of interest can be up to several years, we do not yet have the economic data to evaluate the most recent rounds of awards. Credit Recapture and Recycling Credits Can Be Reclaimed if Milestones Not Met or Maintained.
https://lao.ca.gov/Publications/Report/5162

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

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2025 - The data do not tell us who received each donation. Some patients likely received more than one donation in 2024, so this total likely overstates the number of distinct patients. For example, if a patient received six donations in 2024, then the transaction total includes that person six times.
https://lao.ca.gov/Publications/Report/5059

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - This channel would still result in Hollywood becoming more diverse and representative but would do so by concentrating more diverse productions in California rather than increasing diversity in the industry as a whole.
https://lao.ca.gov/Publications/Report/5036

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

Feb 28, 2025 - Labor and resources used on tax credit productions may have been used on other productions or in other industries and, therefore, do not necessarily represent new economic activity. State Incentives Typically Do Not Pay for Themselves.
https://lao.ca.gov/Publications/Report/5000

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - This proposal would raise the 2021 c ap on awards by an additional $ 100  m illion. Main Street Credit. $ 100  m illion General Fund for the Main Street Credit, a tax credit for small businesses that increase their number of employees.
https://lao.ca.gov/Publications/Report/4327