How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Many of the reasons for levying ad valorem taxes at the retail level also apply to potency ‑based taxes. As shown in Figures 2 and 4, however, lab testing of cannabis products occurs shortly before distribution from the last distributor to the retailer.
https://lao.ca.gov/Publications/Report/4125

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

Feb 19, 2026 - In particular, state law directs our office to report on the annual state costs for new mandates and make recommendations to the Legislature as to whether the new mandates should be (1)  repealed (permanently eliminating it or making it optional), (2)  suspended (rendering it inoperative for one year), (3)  modified, or (4)  funded.
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - The estimated AD of the state PIT under this flat ‑rate scenario was 8.2, or 4.0 points less than the AD of the 2016 PIT structure. From this we can conclude that imposing a graduated rate structure instead of a flat rate adds about 4 points to the AD of the tax.
https://lao.ca.gov/Publications/Report/3703

Comparing Taxes on Cannabis to Taxes on Other Products in California

Dec 17, 2019 - Ad Valorem Taxes. California ’s state tax on non-cigarette tobacco products —including e-cigarettes, cigars, and chewing tobacco —is a percentage of the wholesale price of these products. Such price-based taxes are called ad valorem taxes.
https://lao.ca.gov/Publications/Report/4123

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - Figure  4 compares these areas ’ incomes and unemployment rates to the state as a whole. Median annual household incomes in rebate-paying jurisdictions are a bit higher than the statewide average. The average unemployment rate in jurisdictions that paid $1 to $20 per resident is very close to the statewide average.
https://lao.ca.gov/Publications/Report/5074

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - If the Legislature approves this proposal, we recommend adding explicit requi rements to assess a grant applicant ’s inability to use tax credits. California Regional Initiative for Social Enterprises Grant Program.
https://lao.ca.gov/Publications/Report/5018

The 2017-18 Budget: Governor's Gann Limit Proposal

Mar 2, 2017 - Introduction In the late 1970s, voters passed two major initiatives that constrained government operations: Proposition  13 (1978) and Proposition  4 (1979). Proposition  4 added Article XIII B to the State Constitution, which established an appropriations limit on the state and most types of local governments.
https://lao.ca.gov/Publications/Report/3596

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Compared to the version 3.0 diversity requirements, the upcoming changes in version 4.0 represent a more significant incentive for production companies to engage in DEIA activities, since 4  percent of the total credit is contingent on enacting and documenting specific initiatives.
https://lao.ca.gov/Publications/Report/5036