The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation [Publication Details]

Feb 19, 2026 - The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5130

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation The 2026‑27 Budget State Mandate —Disclosure Requirements and Deferral of Property Taxation Constitution Requires the State to Reimburse Local Governments for Mandated Activities.  
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - The Governor ’s budget proposes to extend the California Competes Tax Credit program in its current form for an additional five years through fiscal year 2032-33. Analysis Program Trends Award Characteristics Have Changed Over Time.
https://lao.ca.gov/Publications/Report/5162

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

Feb 23, 2026 - These costs could take the form of lower spending on other programs or higher taxes or fees. For example, if CDTFA spends all of the money that the Governor has proposed, the department might need to raise tobacco r etail license fees as soon as 2027 ‑28.
https://lao.ca.gov/Publications/Report/5132

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

Mar 23, 2020 - Since 1998, newly formed corporations have been exempted from paying the $ 800 m inimum franchise tax in their first year of business. About 100, 000 n ew corporations are formed each year. However, the Franchise Tax Board (FTB) reports that only about three ‑quarters of new corporations claim the exemption because many new corporations do not understand their tax filing requirements.
https://lao.ca.gov/Publications/Report/4207

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - This report fulfills that statutory requirement. Maritime Fuel Prices. According to Ship & Bunker , the average price of marine gas oil (a major type of maritime fuel) at the ports of Los Angeles and Long Beach was $781 per metric ton in October 2025.
https://lao.ca.gov/Publications/Report/5094

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

Mar 18, 2025 - The administration ’s bid for the DCF included other forms of support as well. For example, GO-Biz and the University of California Office of the President will maintain an ongoing collaborative relationship with Natcast, including convening quarterly meetings at the DCF.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Specifically, the General Fund costs to prefund retiree health benefits are used first to offset a portion of the Proposition  2 requirement and the remainder of the requirement is then satisfied through a supplemental pension payment towards the state ’s CalPERS liabilities.
https://lao.ca.gov/Publications/Report/5081/

Sales Tax Exemption for Bunker Fuel [Publication Details]

Nov 19, 2025 - Chapter 442 of 2023 (AB 543, Gipson) extended a longstanding sales tax exemption for certain purchases of bunker fuel, also known as maritime fuel.
https://lao.ca.gov/Publications/Detail/5094

Updating the California Necessities Index

Aug 14, 2025 - Change Required For 2026 ‑27  Budget. Under current statute, the CNI required for the 2026 ‑27  budget will not be calculable based on published statistics. Given that expenditure estimates for the budget require use of the CNI, we recommend that the Legislature enact a replacement option in statute as part of the 2026  budget  process.
https://lao.ca.gov/Publications/Report/5065