Federal Assistance for Businesses Affected by COVID-19

Apr 3, 2020 - On April 30, 2020, the federal Internal Revenue Service (IRS) issued a regulation stating that PPP recipients cannot claim a deduction for expenses funded from forgiv en PPP loans. In September, the state conformed to these federal rules for the first round of PPP loans.
https://lao.ca.gov/Publications/Report/4215

Broad-Based Cash Assistance in COVID-19 Recovery Actions

Apr 3, 2020 - Another related program is the federal Earned Income Tax Credit (EITC), or its state-funded equivalent CalEITC , which provides refundable tax credits to low-income workers. State and Federal Government Also Ensure Some Wage Replacement in Specific Situations.
https://lao.ca.gov/Publications/Report/4214

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals

Feb 14, 2020 - As we described earlier, the state ’s current approach to cannabis taxes splits the responsibilities for collecting the original tax payment and remitting the tax to the state between multiple businesses.
https://lao.ca.gov/Publications/Report/4162

Nutrition Programs in COVID-19 Recovery Actions [Publication Details]

Mar 25, 2020 - This post describes key actions taken to increase Californians' access to food in the wake of the coronavirus disease 2019 (COVID-19). We focus on key actions taken by the state and federal government through April 10, 2020.
https://lao.ca.gov/Publications/Detail/4211

The 2020-21 Budget: California Arts Council [Publication Details]

Feb 7, 2020 - In addition, the state budget has recently included funds for the Arts Council to distribute to specific museums and other cultural institutions. The Governor’s budget proposes $49 million, mostly from the General Fund, for support of the Arts Council in 2020‑21.
https://lao.ca.gov/Publications/Detail/4148

The 2020-21 Budget: The Governor’s Homelessness Plan [Publication Details]

Feb 11, 2020 - In this report we provide the Legislature context for the state’s homelessness crisis, provide an update on major recent state efforts to address homelessness, assess the Governor’s 2020‑21 homelessness plan, propose a framework to help the Legislature develop its own plan and funding allocations, and offer an alternative to the Governor’s 2020‑21 budget proposal.
https://lao.ca.gov/Publications/Detail/4152

Federal COVID-19-Related Funding to California [Publication Details]

Apr 28, 2020 - This post summarizes recent federal legislative and other actions to allocate funding to California and other states in response to the coronavirus disease 2019 (COVID-19). Figures in this post summarize—as comprehensively as was feasible—the amount of funding that we expect to flow to governments and other public entities in California from the federal government.
https://lao.ca.gov/Publications/Detail/4226

The 2020-21 Budget: Governor’s Proposal to Transfer the Seismic Safety Commission [Publication Details]

Feb 12, 2020 - Various state departments are involved in seismic safety. In particular, the Alfred E. Alquist Seismic Safety Commission (SSC) is an independent entity under the Business, Consumer Services, and Housing (BCSH) Agency.
https://lao.ca.gov/Publications/Detail/4158

The 2020-21 Budget: Assessing the Governor's Reorganization Proposals [Publication Details]

Feb 7, 2020 - As part of his budget plan for 2020‑21, the Governor proposes six government reorganizations across several policy areas. In many cases, the Governor proposes consolidating agencies or shifting responsibilities from existing agencies to newly established entities. The proposals would affect a broad array of state departments, offices, and commissions that perform a wide range of functions.
https://lao.ca.gov/Publications/Detail/4146