Chronic Dialysis Clinics [Ballot]

Dec 13, 2019 - We estimate that this scenario would lead to increased costs for state and local governments in the low tens of millions of dollars annually. This represents a small increase relative to the state ’s total spending on Medi-Cal and to state and local governments ’ total spending on employee and retiree health coverage.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-025

The 2020-21 Budget: Reinventing the Department of Business Oversight

Feb 26, 2020 - What Should DFPI ’s Role Be Relative to Other State Regulatory Departments? The proposed language would authorize DFPI to take action against licensees of other state departments for UDAAP violations.
https://lao.ca.gov/Publications/Report/4181

Weekly Unemployment Claims Update: May 24-30 [EconTax Blog]

Jun 5, 2020 - Should continued claims keep rising, however, it could signal that the state is in for a protracted slump. Initial Claims Similar to Recent Weeks. California had 230,461 initial claims between May 24 and May 30.
https://lao.ca.gov/LAOEconTax/Article/Detail/476

Taxation of commercial property. [Ballot]

Oct 2, 2019 - State law allows property owners to deduct property tax payments from their taxable income for the purposes of calculating PIT and corporation tax payments. This reduces their tax bills. State Constitution Governs State Spending on Schools and Community Colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-008

The 2020-21 Budget: California Arts Council

Feb 7, 2020 - In July 2017, the Arts Council designated 14 areas across the state as cultural districts. Starting in 2017 ‑18, the Arts Council awarded each of these districts $5,000 stipends per year for two years as an incentive to participate in the pilot.
https://lao.ca.gov/Publications/Report/4148

California State Library Budget [EdBudget]

Jul 22, 2020 - California State Library Budget [EdBudget] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Education/EdBudget/Details/407

Assessing Recent Changes to California Competes

Mar 30, 2020 - Prior to 2018, GO ‑Biz awarded about 35  p ercent of the total number of tax credit agreements —about 15  p ercent of the dollar value —to businesses in the non ‑tradable sector of the state ’s economy.
https://lao.ca.gov/Publications/Report/4213

Weekly Unemployment Claims Update: May 17-May23 [EconTax Blog]

May 29, 2020 - Should continued claims keep rising, however, it could signal that the state is in for a protracted slump. Initial Claims At Lowest Level in Two Months. California had 212,343 initial claims between May 17 and May 23.
https://lao.ca.gov/LAOEconTax/Article/Detail/473

Tempered Expectations [Publication Details]

Dec 9, 2019 - In this new installment of Fiscal Perspectives, Legislative Analyst Gabriel Petek provides additional context for understanding the importance of limiting new, ongoing spending in the coming budget, with a short discussion of the state's fiscal structure, the state's economic backdrop, and other potential risks and uncertainties.
https://lao.ca.gov/Publications/Detail/4122

The 2019-20 Budget: California Spending Plan—Expands Earned Income Tax Credit (EITC)

Oct 17, 2019 - The 2019 ‑20 budget package modifies and expands the state EITC in three ways. (For more information about the first state EITC, see our report, The 2015‑16 Budget: California Spending Plan. ) The administration estimates these changes will reduce tax revenue in 2019‑20 by $600 million.
https://lao.ca.gov/Publications/Report/4099