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

May 8, 2018 - Lacking experience with this type of grant making, FTB signed an interagency agreement with the Department of Community Services and Development (CSD) to administer the grant process. Grant Application Process.
https://lao.ca.gov/Publications/Report/3826

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

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

Mar 6, 2019 - As Figure  5 shows, EITC benefits for both types of workers will decline as the minimum wage increases. 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 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Earned Income Tax Credit Expands Eligibility for California Earned Income Tax Credit (EITC). The California EITC is a personal income tax credit that is intended to reduce poverty by increasing the after-tax income of California ’s poorest working households.
https://lao.ca.gov/Publications/Report/4270

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Finally, we described how we matched household types to apartment types for the analysis of housing costs. Strengths and Weaknesses of Data Sources Primary Data Source: Monthly Current Population Surveys (CPS).
https://lao.ca.gov/Publications/Report/4878/4

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The like-kind exchange provision allows PIT and CT filers to defer paying taxes on capital gains from the sales of certain types of property if they purchase a similar type of property within 180 days.
https://lao.ca.gov/Publications/Report/4100

The 2019-20 Budget: Tax Conformity

Mar 6, 2019 - Corporations can carryforward NOLs —apply them to a future year ’s earnings —for up to 20 years. State law also allows corporations to “carryback ” NOLs —apply them to a previous year ’s earnings —for up to two years.
https://lao.ca.gov/Publications/Report/3959

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

Feb 28, 2025 - Motion Picture Industry Workers Earn Above Average Wages. In 2023, workers in California ’s motion picture industry earned a weekly wage of over $2,700 on average, 60  percent higher than the average weekly wage in California across all industries ($1,730).
https://lao.ca.gov/Publications/Report/5000

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Fair market rent is the 40 th percentile of the rent distribution for a given apartment type (such as studios or two-bedrooms). We make these comparisons for seven different types of households, matching each household type to an apartment type that is modest but sufficient to avoid overcrowding (see the Appendix for details).
https://lao.ca.gov/Publications/Report/4878/3

Options for Modifying the State Child Care Tax Credit

Apr 7, 2016 - We only describe the effects on other types of households in the first option, but the effects on these other types of households would generally be proportionally similar under options 2 through 4. Cost Estimating Challenges and Considerations Minimum Wage Changes Will Affect Cost Estimates.
https://lao.ca.gov/Publications/Report/3417