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

California gaming activities. [Ballot]

Oct 1, 2021 - Imposes Sports Wagering Tax and Payments. The measure imposes a 15 percent tax on entities offering sports wagering. This tax is applied to the amount of sports wagers made after deducting any payouts of winnings.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-009

The 2021-22 Budget: Behavioral Health: Community Care Demonstration Project

Feb 19, 2021 - Importantly, counties can send felony ISTs to other counties ’ competency restoration programs. Accordingly, counties with high rates of felony IST referrals that do not operate programs are typically located adjacent to counties that do.
https://lao.ca.gov/Publications/Report/4382

The 2021-22 Budget: Behavioral Health: Community Care Demonstration Project [Publication Details]

Feb 19, 2021 - This post analyzes the Governor’s proposal in the Department of State Hospitals to provide $233.2 million General Fund in 2021-22 and $136.
https://lao.ca.gov/Publications/Detail/4382

The 2023-24 California Spending Plan: Transportation

Oct 16, 2023 - (Self-help counties are those that have passed local sales tax measures dedicated to transportation improvements.) California Highway Patrol The budget provides $3  billion for CHP in 2023-24, which represents a reduction of $106  million (3  percent) relative to 2022-23.
https://lao.ca.gov/Publications/Report/4804

The 2022-23 California Spending Plan: Housing and Homelessness

Sep 16, 2022 - Farmworker Housing Grant Program — Los Angeles County/USC General Hospital Campus Reuse — Homeless Housing, Assistance, and Prevention Program — $7,218 a Funding is ongoing. HCD = Housing and Community Development; CTCAC = California Tax Credit Allocation Committee; CalHFA = California Housing Finance Agency; and Cal  ICH California Interagency Council on Homelessness.
https://lao.ca.gov/Publications/Report/4622

The 2022-23 California Spending Plan: Judiciary and Criminal Justice

Sep 26, 2022 - Such funds are remitted to the state by counties that collect more property tax than state law allows them to spend on education . This reduction is $12.9 million greater than the revised 2021-22 level.
https://lao.ca.gov/Publications/Report/4625

The 2021-22 Budget: Business Tax Incentives [Publication Details]

Jan 28, 2021 - The 2021-22 Budget: Business Tax Incentives [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/4327

Online sports wagering. [Ballot]

Oct 20, 2021 - Currently, four tracks as well as 30 fairs and satellite facilities in 17  counties accept wagers on horse racing. The California Horse Racing Board regulates the horse racing industry. Tribal Gaming.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - State income tax withholding at Nvidia more than doubled over the same period. What Effect Has Boost in Equity Withholding Had on State Tax Receipts This Year? Income tax withholding receipts for 2022-23 were about 3 percent lower than a year before.
https://lao.ca.gov/LAOEconTax/Article/Detail/789