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

Feb 19, 2025 - Even if revenues perform better than expected, it is still unlikely that revenues will exceed $100  million. Under this scenario, CalVIP would receive its full allocation, but CDE would receive only some funding.
https://lao.ca.gov/Publications/Report/4970

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

May 8, 2018 - The VITA program is an IRS initiative that supports free federal and state tax preparation assistance to individuals with a limited income (generally under $54,000). In 2018, there were more than 850 VITA sites in California.
https://lao.ca.gov/Publications/Report/3826

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This foundation operates the Imagination Library, which mails books free of charge to children under age five. Proposition  2 (2024) Workload. The budget provides DGS $59.5  million over 5 years (including $12.5  million in 2025-26) from the 2024 State School Facilities Fund and $356,000 ongoing from various funds.
https://lao.ca.gov/Publications/Report/5081

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - The federal administration currently is renegotiating the North American Free Trade Agreement, an agreement that eliminates many barriers to the exchange of goods among the U.S., Canada, and Mexico. These negotiations are ongoing.
https://lao.ca.gov/Publications/Report/3829

Evaluating the Sale-Leaseback Proposal: Should the State Sell Its Office Buildings? [Publication Details]

Apr 27, 2010 - The sale-leaseback is designed to free up the state’s equity in the buildings to provide one-time revenue for addressing the state’s current budgetary shortfall. We estimate that the sale of buildings would result in one-time revenue to the state of between $600 million and $1.4 billion, but that annual leasing costs would eventually exceed ownership costs by approximately $200 million.
https://lao.ca.gov/Publications/Detail/2261

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - CAEATFA may award no more than $ 100  m illion of exclusions per year. This proposal would raise the 2021 c ap on awards by an additional $ 100  m illion. Main Street Credit. $ 100  m illion General Fund for the Main Street Credit, a tax credit for small businesses that increase their number of employees.
https://lao.ca.gov/Publications/Report/4327

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - Provide free transit services. a a Included in Governor ’s proposed package of actions. b Governor proposed deferring scheduled inflation increases to gasoline and diesel excise tax rates in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4597

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - The budget package allocates $100  million General Fund for this new credit. The credit —which is available on a first-come, first-served basis —is equal to $1,000 per each net new employee, up to $100,000 per business.
https://lao.ca.gov/Publications/Report/4270

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Specifically, the funds would reduce districts ’ CalSTRS rates in 2019 ‑20 and 2020 ‑ 21 —freeing up resources for other parts of districts ’ operating budgets. Though district pension costs typically are covered using Proposition  98 General Fund, the Governor proposes using non ‑Proposition  98 General Fund for this proposal.
https://lao.ca.gov/Publications/Report/3916

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

Mar 23, 2020 - Out ‑Year Cost May Be More or Less Than $100   Million Per Year. The DOF has assumed the proposal would cost $ 100  m illion annually in the out ‑years. This assumption is based on a 9  p ercent annual rate of growth in the formation of new LLCs.
https://lao.ca.gov/Publications/Report/4207