Cannabis Tax Revenue Update [EconTax Blog]

Aug 23, 2021 - The administration currently estimates that retail excise tax revenue was $172 million and cultivation tax revenue was $40 million in the fourth quarter of fiscal year 2020-21 (April through June). (The overall total is slightly higher due to rounding.)
https://lao.ca.gov/LAOEconTax/Article/Detail/687

February 2021 Jobs Report [EconTax Blog]

Apr 5, 2021 - The health, manufacturing, transport, and admin/other services sectors also added a fair number of jobs, although only transport is above its level of a year ago.  
https://lao.ca.gov/LAOEconTax/Article/Detail/639

California New Business Creation: February 2021 [EconTax Blog]

Mar 4, 2021 - The standard pattern within a year is for a surge of new business formation at the beginning, then gradual declines as the year goes on. This pattern was upended in 2020: the pandemic caused a big drop in the spring, followed by a surge as the economy began to recover.
https://lao.ca.gov/LAOEconTax/Article/Detail/632

Income Tax Withholding Tracker: June 29-July 3 (UPDATED) [EconTax Blog]

Jul 6, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/490

The 2021-22 Budget: Creating a New Department of Better Jobs and Higher Wages

Feb 10, 2021 - Legislature Rejected the Same Proposal Last Year. The Governor first proposed to create the Department of Better Jobs and Higher Wages last year as part of the 2020 ‑ 21 b udget process. At that time, Legislative budget subcommittee hearings were consolidated due to the coronavirus disease 2019 (COVID ‑1 9) p andemic.
https://lao.ca.gov/Publications/Report/4361

California Venture Capital Funding, 3rd Quarter 2021 [EconTax Blog]

Nov 5, 2021 - Seed funding has generally grown steadily over the past ten years with some  variance from one quarter to the next.  
https://lao.ca.gov/LAOEconTax/Article/Detail/711

Income Tax Withholding Tracker: August 10-August 14 [EconTax Blog]

Aug 14, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/522

An Analysis of University Cash Management Issues

Nov 10, 2020 - Campuses will repay the bonds from their operating budgets over ten years. For the first five years, UC will only make interest payments, thereby delaying the largest debt service costs to later years.
https://lao.ca.gov/Publications/Report/4293

Attorney compensation in certain civil lawsuits. [Ballot]

Nov 29, 2021 - For example, state law generally requires that plaintiffs file tort claims within two years of an alleged injury or three years of alleged personal property damage. Additionally, state law authorizes cases generally seeking less than $10,000 to be filed in small claims court in which attorney representation is prohibited.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-030

Spousal support. [Ballot]

Jul 5, 2022 - Delinquent spousal support pay ments are subject to interest of 10  percent per year. Spousal support payments generally terminate upon remarriage of the supported partner, death of either partner, or as specified by the court.
https://lao.ca.gov/BallotAnalysis/Initiative/2022-004