The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - For example, in 2021, applicants had to wait, on average, 36 days for a commercial drive test, compared to 22 days in 2019. However, the number of CDL applications actually decreased to 4,932 in 2020 ‑21 from 5,064 in 2018 ‑19.
https://lao.ca.gov/Publications/Report/4540

Building Reserves to Prepare for a Recession

Mar 7, 2018 - These include options outside of the rainy day fund, as well as other budgetary tools that have the same key attributes of reserves. Relative to what the Governor now proposes, using one of these alternatives would help make the state even better prepared for a coming recession.
https://lao.ca.gov/Publications/Report/3769

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Innovative Clean Transit (ICT) Regulation Conventional Buses vs. ZEBs. The ZEB exemption, the ICT regulation, and various other policies make a distinction between conventional buses and ZEBs. Conventional buses burn diesel, compressed natural gas, or other fuels that emit greenhouse gases (GHGs) and other air pollutants.
https://lao.ca.gov/Publications/Report/4890

The Property Tax Inheritance Exclusion

Oct 9, 2017 - Consequently, monthly ownership costs for these homeowners were around $1,000 less than the typical homeowner ($1,650 vs. $670). Because most inherited homes have been owned for decades, children typically are receiving a property with lower ownership costs.
https://lao.ca.gov/Publications/Report/3706

Taxation of Sugary Drinks

Nov 26, 2018 - Key Trade ‑Off: Main Policy Goal vs. Other Health Effects. The potential exclusion of 100  p ercent juice illustrates a general trade ‑off in the design of sugary drink taxes. Some sugary drinks contain beneficial nutrients.
https://lao.ca.gov/Publications/Report/3903

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Within 60 days of concluding production activity, the applicant must submit a Final Assessment summarizing how the applicant has met or made a “good ‑faith attempt ” to meet the goals detailed in the workplan.
https://lao.ca.gov/Publications/Report/5036

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

Feb 28, 2025 - The drop in California ’s production activity is displayed in Figure  4 , which shows the number of shoot days in the Los Angeles area by year and type of production. The COVID ‑19 effect was short ‑lived and shoot days returned to pre ‑pandemic levels in 2021.
https://lao.ca.gov/Publications/Report/5000

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - (Debt payments and reserve deposits are equal to one another in initial estimates.) Debt Funding Lower in Recession Scenario. In a recession, the state is able to suspend rainy day fund deposits under certain conditions, but debt payments cannot be reduced.
https://lao.ca.gov/Publications/Report/3727

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget includes provisional language authorizing the Department of Finance to augment State Emergency Telephone Number Account fund expenditure authority by amounts “necessary to continue implementation of the Next Generation 9-1-1 system, including transition from the legacy 9-1-1 system, ” subject to 30-day legislative notification.
https://lao.ca.gov/Publications/Report/5081

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - One study used detailed administrative data on applicants and awards to show that tax credit-supported project s are associated with positive employment effects in surrounding areas, consistent with net job creation rather than displacing other existing economic activity.
https://lao.ca.gov/Publications/Report/5162