The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Earned Income Tax Credit Expands Eligibility for California Earned Income Tax Credit (EITC). The California EITC is a personal income tax credit that is intended to reduce poverty by increasing the after-tax income of California ’s poorest working households.
https://lao.ca.gov/Publications/Report/4270

The 2020-21 Spending Plan: Tax Changes [Publication Details]

Oct 5, 2020 - The 2020-21 Spending Plan: Tax Changes [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/4270

January 2020 State Tax Collections [EconTax Blog]

Feb 27, 2020 - January 2020 State Tax Collections [EconTax Blog] Seth Kerstein January revenue collections from the state ’s three largest taxes —the personal income tax, corporation tax, and sales tax —were ahead of Governor ’s Budget projections by $1.1 billion.
https://lao.ca.gov/LAOEconTax/Article/Detail/438

January 2021 State Tax Collections [EconTax Blog]

Feb 11, 2021 - Overall, January collections from the state ’s three largest taxes —the personal income tax, corporation tax, and sales tax —were $7.5 billion (42%) ahead of budget projections. Across December and January, collections were $10.5 billion ahead of budget projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/622

The 2024-25 Spending Plan: Judiciary and Criminal Justice

Sep 10, 2024 - Excess Property Tax Offset. The budget includes a $247.6  million one-time reduction in General Fund support for trial court operations in 2024-25 in order to reflect the availability of property tax revenue in accordance with Control Section 15.45 and Section 2578 of the Education Code.
https://lao.ca.gov/Publications/Report/4924

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

Jul 18, 2023 - U.S. retail sales have grown 1.1 percent over the last 3 months and 1.5 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.
https://lao.ca.gov/LAOEconTax/Article/Detail/780

December 2020 State Tax Collections [EconTax Blog]

Jan 20, 2021 - December 2020 State Tax Collections [EconTax Blog] 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/LAOEconTax/Article/Detail/612

November 2020 State Tax Collections [EconTax Blog]

Dec 16, 2020 - November 2020 State Tax Collections [EconTax Blog] Seth Kerstein November revenue collections from the state ’s three largest taxes —the personal income tax, corporation tax, and sales tax —were ahead of budget projections by $2.4 billion (33 percent).  
https://lao.ca.gov/LAOEconTax/Article/Detail/598

Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details]

Jun 24, 2022 - Annual Report on Tax Exemptions for Medicinal Cannabis [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/4608

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2022 - Annual Report on Tax Exemptions for Medicinal Cannabis June 24, 2022 Annual Report on Tax Exemptions for Medicinal Cannabis Statutory Data Reporting Requirement. Chapter  837 of 2019 (SB  34, Wiener) established new tax exemptions for donations of medicinal cannabis.
https://lao.ca.gov/Publications/Report/4608