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

Feb 23, 2026 - As far as we know, Proposition  64 and the Legislature ’s budget actions have not conveyed any intent to use the General Fund to support the Cannabis Tax Program. In contrast, as noted above, Proposition  64 authorizes continuous appropriations from the Cannabis Tax Fund to pay for the Cannabis Tax Program, requiring no action by the Legislature.
https://lao.ca.gov/Publications/Report/5132

Taxation of Sugary Drinks

Nov 26, 2018 - As shown in Figure  3, for example, a one cent per ounce tax results in a tax of $0. 12 o n a can of cola and $0. 64 o n a large bottle of cranberry juice cocktail. For a given container size, this type of tax treats all sugary drinks equally, regardless of their sugar content or other characteristics.
https://lao.ca.gov/Publications/Report/3903

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Currently available information suggests that a potency ‑based tax in the range of $0. 006 t o $0. 009 p er milligram of THC could be appropriate, depending on how policymakers weigh the importance of reducing the illicit market versus raising revenues.
https://lao.ca.gov/Publications/Report/4125

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - Child Tax Credit Under prior law, the CTC provided filers with income below $200,000 ($400,000 for joint filers) a credit of up to $2,000 for every dependent from ages 0 to 16, and up to $500 for dependents 17 and older.
https://lao.ca.gov/Publications/Report/4410

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

Jan 13, 2020 - For K ‑ 12 e ducation, the budget includes $1. 2  b illion for the Local Control Funding Formula, which reflects funding for the COLA offset by a 0. 3  p ercent attendance decline. For community colleges, the Governor ’s largest ongoing proposal is $ 199  m illion to cover the COLA and 0. 5  p ercent enrollment growth.
https://lao.ca.gov/Publications/Report/4135

The 2018-19 Budget: California Hiring Tax Credits

Mar 15, 2018 - The proposed credit percentage would be 0  p ercent unless the Legislature sets it at a higher value in the annual budget act. This proposed change would allow the Legislature to annually reevaluate the credit percentage as part of the state budget process.
https://lao.ca.gov/Publications/Report/3784

Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - To obtain this estimate, Blue Sky and CAEATFA use an economic framework developed by Chirinko and Wilson (201 0) t o estimate the effects of state tax policies on manufacturers ’ capital investment. Although this framework is based on some simplifying assumptions, it is a reasonable starting point for analyzing the effects of the exemption.
https://lao.ca.gov/Publications/Report/3907

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - (The budget for CSU includes an additional $ 64  m illion ongoing to cover higher retiree health benefit and pension costs.) For UC, $ 200  m illion of its ongoing augmentation is intended to cover increases in operating costs (including some employee compensation costs), student success initiatives, student hunger and housing initiatives, mental health services, and 2018 ‑ 19 e nrollment.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - The structure of the Governor ’s proposal also would increase the benefit for a worker with one dependent working 20 hours a week at the minimum wage (income of $11,00 0) f rom $ 236 t o $691 (or to $1, 191 i f the dependent is under age six).
https://lao.ca.gov/Publications/Report/3960

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Figure  5 shows that lower ‑income homeowners (those with incomes less than $35,50 0) i n counties with higher area median incomes tend to spend higher shares of their incomes on property tax payments.
https://lao.ca.gov/Publications/Report/3885