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

Jan 14, 2019 - Additionally, the Governor ’s budget includes a total of $ 500  m illion for improvements to early education ($ 245  m illion for facilities, $ 245  m illion for the child care workforce, and $ 10  m illion for a comprehensive plan to improve access and quality).
https://lao.ca.gov/Publications/Report/3916

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
https://lao.ca.gov/Publications/Report/4970

Tax Expenditure Reviews [Publication Details]

Nov 16, 2007 - This program is found to be an inefficient means of promoting home ownership, and options are offered for improving it, including capping the deduction amount or replacing it with a targeted tax credit.
https://lao.ca.gov/Publications/Detail/1684

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Funds Initiatives to Improve Coordination in Workforce Development. The 2025-26 budget includes funding for two initiatives, one in the LWDA and one in the Government Operations Agency (GovOps), to improve coordination between the state ’s workforce development and education agencies.
https://lao.ca.gov/Publications/Report/5081/

The Property Tax Inheritance Exclusion

Oct 9, 2017 - This change would reduce the overall financial benefit provided by the exclusion —in recognition of the relative affluence of many beneficiaries —while still providing some short ‑term relief. The interim period during which the increase is phased in could provide the family member time to make financial arrangements to accommodate the ongoing ownership costs of their inherited property.
https://lao.ca.gov/Publications/Report/3706

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

Mar 23, 2020 - Financial companies primarily exist to manage their owners ’ investments and assets. The Internal Revenue Service reports that half of all LLCs and partnerships in the U.S. are real estate rental and leasing businesses and 10  p ercent are financial companies.
https://lao.ca.gov/Publications/Report/4207

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

Feb 28, 2025 - If Protecting Market Share a Priority, Use of Benchmarks Would Help Improve Fiscal Oversight of Credit. If the Legislature elects to expand the credit, utilizing explicit benchmarks that compare the desired market share to the state ’s current position would help improve fiscal oversight of the credit.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - During the first round of CA RISE grants, REDF rated the 161 ESEs that applied based on the legally required criteria: strength of the business model, employment program model, leadership, and financial stability.
https://lao.ca.gov/Publications/Report/5018

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Should common data standards be widely adopted, these changes could not only alleviate port congestion in California, but also improve freight operations globally. …But State Role Is Unclear. As we noted in our overarching comments, it is reasonable for the state to have an interest in promoting goods movement given the importance of trade to the state ’s economy.
https://lao.ca.gov/Publications/Report/4540

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - This policy provides little benefit in the way of promoting homeownership or improving housing affordability and primarily benefits higher-income taxpayers. Eliminating the mortgage interest deduction for second homes c ould increase PIT revenue by about $250  million per year.
https://lao.ca.gov/Publications/Report/4238