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

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

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

Financial Aid Award Coverage [EdBudget]

Jan 16, 2020 - Notes: Figure shows need-based state and institutional gift aid programs supported with core funds (state General Fund and student tuition revenue). See "Financial Aid Award Amounts" for the size of each type of award.
https://lao.ca.gov/Education/EdBudget/Details/354

The 2020-21 Budget: Improving the State's Unpaid Wage Claim Process

Feb 19, 2020 - Other options, including authorizing the Labor Commissioner to use new enforcement tools or establishing a fund to cover un collected wages in certain cases, would require careful consideration and changes to state law.
https://lao.ca.gov/Publications/Report/4165

Weekly Unemployment Claims Update: March 15-21 [EconTax Blog]

Mar 26, 2020 - Other States Saw Even Larger Increases Than California. While California had a record-setting increase in claims last week, many other states experienced much larger increases in claims. Among the 15 largest states, claims were, on average, 11 times higher (128,000 compared to 12,000) during the week of March 15-21 compared the week prior.
https://lao.ca.gov/LAOEconTax/Article/Detail/445

State Payments Provided on Behalf of School and Community College Districts [EdBudget]

Aug 24, 2020 - State Payments Provided on Behalf of School and Community College Districts [EdBudget] 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/Education/EdBudget/Details/436

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

Exploring Recent Trends in California Births [EconTax Blog]

Aug 30, 2021 - For example, changes in the flow of adults into or out of California could have affected the total number of births in the state. Factors Entirely Unrelated to COVID-19? Suppose, for example, that birth declines over the last half-decade are due to gradual changes in various social and economic determinants of fertility.
https://lao.ca.gov/LAOEconTax/Article/Detail/691

California New Business Creation: September 2020 [EconTax Blog]

Oct 8, 2020 - California New Business Creation: September 2020 [EconTax Blog] California New Business Creation: September 2020 October 8, 2020 Brian Uhler The extent of new business creation in California can be an important gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/559