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Economy and Taxes (7)
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Fixing Unemployment Insurance

Dec 2, 2024 - A worker will receive the maximum weekly benefit if they make at least $900 per week or $46,800 per year. Workers who make more than this amount will receive less than half of their earnings in UI benefits.
https://lao.ca.gov/Publications/Report/4943

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Miller, Keaton and Boyoung Seo (2019). “Tax Revenues When Substances Substitute: Marijuana, Alcohol, and Tobacco. ” Mimeo, University of Oregon. National Academies of Sciences, Engineering, and Medicine (2017).
https://lao.ca.gov/Publications/Report/4125

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - . $900   Million in Safety Net Reserve. The 2018 ‑ 19 b udget package created the Safety Net Reserve to save money specifically for California Work Opportunity and Responsibility to Kids (CalWORKs) and Medi ‑Cal.
https://lao.ca.gov/Publications/Report/4135

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The administration estimates this change will increase CT revenue in 2019 ‑20 by $1.3  billion ($900  million ongoing). This change has no effect on how the losses of corporations are treated for CT filers.
https://lao.ca.gov/Publications/Report/4100

The 2017-18 Budget: An Overview of the Governor's Proposition 56 Proposals

Feb 22, 2017 - Over $900   Million Supports Increased Managed Care Costs. The majority of Proposition  56 Medi ‑Cal revenue would go to managed care plans under the Governor ’s proposal. Based on data from the Department of Finance, a large portion of that revenue would pay for the state ’s increased share of cost for the Patient Protection and Affordable Care Act (ACA) Medi ‑Cal optional expansion.
https://lao.ca.gov/Publications/Report/3573

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Data from the State Controller ’s Office suggest the average participant uses PTP to postpone a total of $9, 900 i n property taxes —a much lower principal amount. Cost of PTP Is Usually Lower Than HECM.
https://lao.ca.gov/Publications/Report/3885

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

Mar 2, 2017 - Specifically, the state counted at the state level around $900  million in categorical programs and about $1.5  billion that the state provided at the time to address disparities in funding across districts.
https://lao.ca.gov/Publications/Report/3596