Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - They still are subject to the other parts of the sales tax. Only for Transit Agencies. The ZEB exemption does not apply to zero-emission buses purchased by other entities, such as private businesses or school districts.
https://lao.ca.gov/Publications/Report/4890

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - The exemption applies to fuel that water common carriers buy in California and use after they reach their first out-of-state destination. Chapter  442 directs our office to report three performance indicators: The average monthly maritime fuel price at all domestic and international Pacific seaports.
https://lao.ca.gov/Publications/Report/5094

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

May 20, 2020 - When people buy vehicles from other individuals (known as “private parties ”), they owe use tax (similar to sales tax). Currently, the amount of use tax is based directly on the sale price that the buyer reports to DMV.
https://lao.ca.gov/Publications/Report/4238

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

Nov 16, 2022 - Real Value The real value of a dollar refers to the amount of goods and services that dollar can buy. Over  time, the real value of a dollar decreases due to inflation. For example, suppose the state spends $100,000 to provide services to ten people.
https://lao.ca.gov/Publications/Report/4647

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - As a rough guideline, for every $175  million in revenue that the state forgoes, it can “buy ” a one ‑cent per gallon reduction in gasoline tax rates (and a 0.7 ‑cent per gallon reduction in diesel tax rates).
https://lao.ca.gov/Publications/Report/4528

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Participants in this program can buy equipment without paying any portion of the sales tax —state or local. (Our office published a detailed report on the program, Evaluation of a Sales Tax Exemption for Certain Manufacturers , in 2018).
https://lao.ca.gov/Publications/Report/4327

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - Programs Providing Little Short ‑Term Stimulus Can Still Have Long ‑Term Economic Benefits. Some programs that do not create immediate economic benefits may nonetheless generate significant economic benefits or fiscal savings over a longer period of time.
https://lao.ca.gov/Publications/Report/4331

California’s First Film Tax Credit Program

Sep 29, 2016 - Tax credits could continue to be claimed until as late as fiscal year 2024 –25 , as taxpayers can carry credits forward for up to five years if they have insufficient tax liability to use them earlier.
https://lao.ca.gov/Publications/Report/3502

The Property Tax Inheritance Exclusion

Oct 9, 2017 - This limited inventory —a consequence of many factors including too little home building and an aging population —has driven up the price of housing in California and made the home buying experience more difficult for many.
https://lao.ca.gov/Publications/Report/3706

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Recaptured and Unallocated Credits Can Be Recycled for Future Years. Although the current baseline allocation for the program is $180  million per fiscal year, the actual value of credits available to be allocated can be enhanced in two main ways: First, credits that are recaptured can be reallocated in future years.
https://lao.ca.gov/Publications/Report/5162