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

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

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - One-sixth paid less than $1 per resident. Another two-thirds paid $1 to $20 per resident. One-eighth paid $20 to $80 per resident. A small but nontrivial portion —1.7  percent —paid more than $120 per resident.
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

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - Capital gains have an AD of 35. 3 —nearly three times the volatility of today ’s overall PIT. The other half of the difference arises because some relatively stable income categories —including employer ‑paid benefits, transfer payments like Social Security and unemployment insurance, and the excluded components of dividends, interest, and rent —are excluded from PIT.
https://lao.ca.gov/Publications/Report/3703

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget permanently shifts DCC costs for illicit enforcement activities and the California Track-and-Trace program from the Cannabis Control Fund (CCF) —which receives revenues from fees paid by cannabis businesses —to the Cannabis Tax Fund (CTF) —which receives revenues from cannabis sales taxes.
https://lao.ca.gov/Publications/Report/5081

Fixing Unemployment Insurance

Dec 2, 2024 - As Figure  10 shows with some illustrative numbers, this employment tax raises the cost of adding a new employee to a business and that cost is proportionately higher for a low wage worker than a high wage worker.
https://lao.ca.gov/Publications/Report/4943

Volatility of the Personal Income Tax Base

Feb 8, 2017 - A measure of the year ‑to ‑year volatility of income and taxes: “average deviation ” (AD). The AD of major elements of California ’s PIT base, such as wages and capital gains. This will help illustrate what drives the volatility of the tax base.
https://lao.ca.gov/Publications/Report/3548

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

Feb 19, 2025 - Chapter  231 directs that these excise tax monies be paid to CDTFA. After deducting CDTFA ’s costs, monies are to be deposited into a new state special fund —the Gun Violence Prevention and School Safety (GVPSS) Fund.
https://lao.ca.gov/Publications/Report/4970