The 2025-26 Budget: CDTFA’s Tobacco Programs [Publication Details]

Feb 14, 2025 - In this post, we provide information to support the Legislature’s oversight of the Department of Tax and Fee Administration’s (CDTFA’s) tobacco programs. In particular, we offer background information; comments on revenue trends, CDTFA’s enforcement activities, and the AB 3218 budget change proposal (BCP); and questions that budget subcommittees may wish to ask about these issues.
https://lao.ca.gov/Publications/Detail/4966

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - CDTFA runs three tobacco-focused programs: The Cigarette and Tobacco Tax Program administers a $2.87 per pack tax on combustible cigarettes and a 53  percent tax (adjusted annually) on the wholesale cost of other tobacco products, such as e-cigarettes, cigars, and chewing tobacco.
https://lao.ca.gov/Publications/Report/4966

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Credits may be used to offset either personal income or corporation taxes and can be carried forward for up to six years. Grant Program Added as Alternative to Tax Credits. Since the tax credit is nonrefundable, businesses without a significant California tax liability cannot utilize the credit.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Significant Changes to Solutions From June 2024 Budget Package Managed Care Organization (MCO) Tax Package. Some of the largest budget solutions in the June budget package involved the MCO tax, a tax on health plans that supports the Medi ‑Cal program.
https://lao.ca.gov/Publications/Report/4951

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - California Constitution Establishes Core Powers of the Legislature Legislature Responsible for Enacting Laws, Appropriating Funds, and Levying Taxes. The California Constitution establishes three kinds of power exercised by the state government: legislative, executive, and judicial.
https://lao.ca.gov/Publications/Report/5029

The 2025-26 Budget: State Departments’ Operational Efficiencies (Control Sections 4.05 and 4.12)

Feb 19, 2025 - A special fund is created to fund a specific purpose and is supported by taxes and fees levied on payors who receive the service supported by the fund. The administration reports that it identified $1  billion in reduced non-General Fund expenditures.
https://lao.ca.gov/Publications/Report/4975