Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - Unfortunately, available data and methods cannot support credible estimates of such benefits to that degree of precision. Put another way, different calculations could produce vastly different point estimates, even if all such calculations are based on reasonable assumptions and the best available evidence.
https://lao.ca.gov/Publications/Report/3907

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - In particular, the share of awards going to advanced manufacturing firms has greatly increased while the share going to professional services (for example, accounting, legal, and local business services) has significantly decreased.
https://lao.ca.gov/Publications/Report/5162

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - There is significant variation in the use of these mechanisms across the budget, such that some areas of the budget automatically account for inflation, but many others do not. Overall, a large share of state spending is adju sted to some degree formulaically or administratively (notably in K ‑12 education and many health payments), however, a large number of programs are not.
https://lao.ca.gov/Publications/Report/4647

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

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - For our analysis, key strengths of the CPS include: Individual-level microdata are publicly available, enabling a high degree of customization. Responses to the wage, earnings, and hours questions are relatively precise.
https://lao.ca.gov/Publications/Report/4878/4

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Of the four companies awarded tax credit agreements in November 2020, for example, two are manufacturers and two are financial services companies. While the pandemic has affected these industries in many ways, they generally have not been affected to the same degree as industries that require close contact.
https://lao.ca.gov/Publications/Report/4327

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Additionally, Chapter  231 requires DOJ provide CDTFA with the names and business locations of all firearm dealers, firearm manufacturers, and ammunition vendors at least quarterly to administer the tax.
https://lao.ca.gov/Publications/Report/4970

Review of the California Competes Tax Credit

Oct 31, 2017 - For example, consider a hypothetical manufacturing business, Dan ’s Manufacturing Co., which is headquartered in California, but makes and exports products to customers all over the world. Dan ’s currently employs 20 people at its California headquarters and 40 people at its current factory.
https://lao.ca.gov/Publications/Report/3709

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

Mar 2, 2017 - This mechanism essentially counts as much state education aid as possible at the school district level while counting all funds at either the state or local level. (The state applies a similar process for administering community college district limits.)
https://lao.ca.gov/Publications/Report/3596

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769