U.S. Retail Sales Update: December 2023 [EconTax Blog]

Jan 17, 2024 - U.S. retail sales have grown 0.7 percent over the last 3 months and 5.6 percent over the last 12 months. Both of these growth rates outpaced inflation.
https://lao.ca.gov/LAOEconTax/article/Detail/794

U.S. Retail Sales Update: December 2023 [EconTax Blog]

Jan 17, 2024 - U.S. retail sales have grown 0.7 percent over the last 3 months and 5.6 percent over the last 12 months. Both of these growth rates outpaced inflation.
https://lao.ca.gov/LAOEconTax/Article/Detail/794

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - Health Changes to MCO Tax Package. Last year ’s budget renewed a tax on health plan enrollment known as the MCO tax. It extended this tax through 2026. The net revenue generated by the tax was to (1)  help offset General Fund spending in Medi ‑Cal and (2)  augment funding for Medi ‑Cal and other health programs.
https://lao.ca.gov/Publications/Report/4922

California's Tax Agencies: How We Got Here [Publication Details]

Oct 8, 2024 - California's Tax Agencies: How We Got Here [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4935

The 2025-26 Budget: CalWORKs

Feb 19, 2025 - Our office independently forecasts CalWORKs grant increases triggered by growth in realignment revenue (a share of state sales tax and vehicle license fee revenues dedicated to counties). While our estimates have differed from the administration ’s previously, at this time, our two offices ’ estimates are similar.
https://lao.ca.gov/Publications/Report/4969

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - Competition From Other States Most Other States Offer Film Tax Incentives. During the 2000s, state film tax incentives (primarily tax credits) expanded rapidly across the country. At  the peak in 2010, 45 states had a film tax incentive.
https://lao.ca.gov/Publications/Report/4713

The 2023-24 Budget: California's Film Tax Credit [Publication Details]

Feb 28, 2023 - The 2023-24 Budget: California's Film Tax Credit [Publication Details] Description: This brief surveys research on the economic effects of state film tax credits and analyzes the Governor's proposal to extend California's film tax credit for five years.
https://lao.ca.gov/Publications/Detail/4713

U.S. Retail Sales Update: November 2023 [EconTax Blog]

Dec 14, 2023 - U.S. retail sales have grown 0.9 percent over the last 3 months and 4.1 percent over the last 12 months. Both of these growth rates outpaced inflation.
https://lao.ca.gov/LAOEconTax/Article/Detail/791

The 2025-26 Budget: Department of Justice

Feb 19, 2025 - The department identified the following options to support BFS operations: (1)  a  general tax increase, (2)  allowing the surcharge added to criminal history background check fees to also cover BFS costs (and adjusting the surcharge accordingly), (3)  increasing the specific fee added when individuals are convicted of criminal offenses which generates the revenue deposited into
https://lao.ca.gov/Publications/Report/4972

October Tax Collections [EconTax Blog]

Nov 17, 2022 - October Tax Collections [EconTax Blog] Brian Uhler October collections from the state 's “big three ” tax revenues —personal income, corporation, and sales taxes —came in far ahead of Budget Act assumptions.
https://lao.ca.gov/LAOEconTax/article/Detail/761