The 2018-19 Budget: California Earned Income Tax Credit Education and Outreach

May 8, 2018 - Historically, the state has not provided funding for these specific activities, which include: Maintaining websites with information about the EITC, providing free online tax preparation services, and hosting online calculators to help individuals estimate their EITC benefits.
https://lao.ca.gov/Publications/Report/3826

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Businesses may earn credits if they take actions the state wants to encourage, such as spending money on research and development. Tax credits reduce a business ’s tax bill directly, on a dollar-for-dollar basis.
https://lao.ca.gov/Publications/Report/4270

The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion

May 14, 2018 - The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion State Earned Income Tax Credit Expansion Background State Earned Income Tax Credit (EITC) Boosts Low-Income Households ’ Earnings.
https://lao.ca.gov/Publications/Report/3835

Fixing Unemployment Insurance

Dec 2, 2024 - While it is reasonable to expect that some workers would make too much money for UI to replace half of their earnings, California ’s benefit levels only meet the federal wage replacement standard for half of the state ’s workers.
https://lao.ca.gov/Publications/Report/4943

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - Figure 5 Benefits May Decline as Minimum Wage Rises Full Year Earnings Based on 50 Weeks Minimum Wage a , $/hr Full Year Earnings at Minimum Wage: EITC Benefit:
https://lao.ca.gov/Publications/Report/3960

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

Mar 18, 2025 - Overall, most programs increase employment and earnings among participants while receiving a subsidy. However, the ultimate goal is to improve long-term employment prospects of these workers. Research suggests that it is less common that programs lead to h igher employment or earnings after the subsidy ends.
https://lao.ca.gov/Publications/Report/5018

Options for a State Earned Income Tax Credit [Publication Details]

Dec 18, 2014 - Options for a State Earned Income Tax Credit [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/3156

Income Mobility in California Across Generations

Jan 4, 2017 - Where could low–income parents move in order to maximize their children’s future earnings? (We note that parents move for many other reasons as well.) To answer this question, the parents would need to know which place provides the best opportunities for their children to succeed—not necessarily which place’s residents happen to have the highest rate of mobility.
https://lao.ca.gov/Publications/Report/3518

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Of this amount, after accounting for the five ‑year structure of the tax credit agreements and the credit recaptures, we estimate that business have earned roughly $ 500  m illion in California Competes tax credits.
https://lao.ca.gov/Publications/Report/4327

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - ABLE accounts are tax-advantaged savings accounts that allow the families of individuals with disabilities to save money for their future care. Contributions to ABLE accounts are not tax deductible but the earnings are excluded from income for state and federal tax purposes.
https://lao.ca.gov/Publications/Report/4100