The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - However, Proposition  19 (2020) allows certain homeowners (such as people who are 55 years or older) to transfer their existing home value for property tax purposes to a new home anywhere in the state.
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Direct the administration to use its continuous appropriation authority to augment CDTFA ’s allocation from the Cannabis Tax Fund by the proposed amount, prorated to cover the remainder of 2025 ‑26. Direct the administration to make any future adjustments needed to support the program without spending any money from the General Fund.
https://lao.ca.gov/Publications/Report/5132

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - SCO deposits collections from homeowners making repayments into the account. SCO then uses the funds in this account to make property tax payments to the counties and to cover its administrative costs.
https://lao.ca.gov/Publications/Report/3885

The Property Tax Inheritance Exclusion

Oct 9, 2017 - If the goal is to prevent property taxes from making it prohibitively expensive for a family to continue to occupy a home, the existing policy is crafted too broadly and there are options available to better target the benefits.
https://lao.ca.gov/Publications/Report/3706

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

May 20, 2020 - The benefits from the deduction largely go to higher income taxpayers who, for the most part, do not require assistance to afford a home. Conforming with the 2017 federal changes would lessen these concerns somewhat.
https://lao.ca.gov/Publications/Report/4238

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - Should an uptick in exclusions occur, this could erode some of the potential future property tax gains expected from the continued aging of California ’s homeowners. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/3693

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products

May 12, 2019 - Of that, 3.94  percent raises money for the state ’s General Fund, and 2.06  percent raises money the state provides to counties for various local programs. Local governments ’ portion of the sales tax ranges from 1.25  percent to 4.5  percent.
https://lao.ca.gov/Publications/Report/4040

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The estimates in the other sections come from the J anuary 2023 through December 2023 monthly Current Population Surveys (CPS). As described in the Appendix , various aspects of the data make our estimates imprecise, though we have tried to make them as accurate as possible.
https://lao.ca.gov/Publications/Report/4878/1

A Key Interaction Between Sales Taxes and Other Taxes on Cannabis Retailers

Dec 17, 2019 - For these taxes, gross receipts generally include the money that retailers receive from their customers in exchange for the goods they sell. Crucially, the definition of gross receipts generally excludes sales tax.
https://lao.ca.gov/Publications/Report/4124

Fixing Unemployment Insurance

Dec 2, 2024 - The  state will need to borrow from the federal government in most years to make up the gap between UI benefits and contributions. This means that businesses could face a perpetually outstanding federal loan, on which the state must make interest payments.
https://lao.ca.gov/Publications/Report/4943