The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - CDTFA ’s estimated cost to implement AB  3218 and SB  1230 is $3.3  million in 2024-25, $5.5  million per year in 2025-26 and 2026-27, and $3.1  million in 2027-28 and ongoing. The new laws create penalties that could raise revenue to offset some of these costs.
https://lao.ca.gov/Publications/Report/4966

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

Feb 19, 2025 - Beginning July 2024, Chapter  231 of 2023 (AB  28, Gabriel) imposed a new excise tax on firearm dealers, firearm manufacturers, and ammunition vendors. Specifically, an 11  percent tax is applied to the gross retail sales of firearms, firearm precursor parts, and ammunition.
https://lao.ca.gov/Publications/Report/4970