^[PDF] Overview of Sharing Economy and Short-Term Rentals

Changes to Lodging Industry: Short-Term Rentals 6L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 18, 2015 LAO 70 YEARS OF SERVICE  Airbnb. Started in 2008, this privately held company reports that it has over 1 million listings in 190 counties, including room rentals and rentals of entire homes.
https://lao.ca.gov/handouts/state_admin/2015/Sharing-Economy-Rentals-031815.pdf

Proposition 43 [Ballot]

Nov 3, 2026 - These include cities, counties, special districts, and school districts. Vote Thresholds for Local Taxes. The State Constitution allows local governments to increase taxes with local voter approval. Tax increases can be put on a ballot by voters or a local governing board (such as a city council or board of supervisors).
https://lao.ca.gov/BallotAnalysis/Proposition?number=43&year=2026

Proposition 42 [Ballot]

Nov 3, 2026 - One example of these kinds of taxes is the vehicle license fee that car and truck owners pay to the Department of Motor Vehicles each year. Another example is the property taxes owners of business equipment pay to the county each year.
https://lao.ca.gov/BallotAnalysis/Proposition?number=42&year=2026

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety)

Jun 24, 2016 - Increase Lodging Reimbursement for Four Counties. State employees are reimbursed for specified costs incurred while traveling and doing business for the state. In the past, these reimbursement rates typically have been established in MOUs for rank-and-file employees.
https://lao.ca.gov/Publications/Report/3486

Understanding California Corporate Taxation: Apportionment [EconTax Blog]

Aug 11, 2026 - Apportionment Choices Are Tax-Base Design, Not Tax Expenditures. Single Sales Factor can increase taxes for some firms and reduce taxes for others, but it is not best understood as a tax expenditure in the same sense as a credit, deduction, or exemption.
https://lao.ca.gov/LAOEconTax/Article/Detail/866

Understanding California Corporate Taxation: Net Operating Loss Deductions [EconTax Blog]

Aug 11, 2026 - If a tax loss is increased by a tax preference or a transaction whose tax treatment is disputed, a NOL can preserve that effect and allow it to offset future income. In some cases, the resulting tax loss may not reflect a comparable decline in the business ’s overall economic position.
https://lao.ca.gov/LAOEconTax/Article/Detail/865

Proposition 39 [Ballot]

Nov 3, 2026 - Requires State Auditor to Audit State and County Election Compliance Regularly. In every odd-numbered year, Proposition  39 requires the State Auditor to report how well the state and each county comply with the measure and make recommendations for improvement.
https://lao.ca.gov/BallotAnalysis/Proposition?number=39&year=2026

Proposition 40 [Ballot]

Nov 3, 2026 - California billionaires, like all those earning money in the state, currently pay state taxes on their annual income. Billionaires may respond to a new wealth tax in ways that reduce their income tax payments.
https://lao.ca.gov/BallotAnalysis/Proposition?number=40&year=2026

Proposition 41 [Ballot]

Nov 3, 2026 - Special Taxes. State taxes can be raised by the Legislature or by voters. When a “special tax ” is created, the revenue from that tax is dedicated to a specific purpose or program. For example, certain fuel taxes can only be used to pay for public roads and other transportation programs.
https://lao.ca.gov/BallotAnalysis/Proposition?number=41&year=2026

Proposition 3 [Ballot]

Nov 3, 2026 - For example, a married couple pays a 1  percent tax on the first $21,000 of income, a 2  percent tax on income between $21,000 and $50,000, and a 4  percent tax on income between $50,000 and $80,000.
https://lao.ca.gov/BallotAnalysis/Proposition?number=3&year=2026