The 2020-21 Budget: Analysis of the Medi-Cal Budget

Feb 14, 2020 - In this report, we provide high‑level background on the Medi‑Cal program and an overview of the major drivers of year‑over‑year spending changes in the Governor’s budget. We also discuss the administration’s recent submittal (late January 2020) of a modified managed care organization (MCO) tax proposal.
https://lao.ca.gov/Publications/Report/4161

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals [Publication Details]

Feb 14, 2020 - The Governor’s 2020-21 budget includes various cannabis-related proposals, including both budget trailer legislation and budget change proposals from multiple departments. In this report, we (1) provide some background on cannabis regulation and taxation in California; (2) describe the Governor’s proposals; and (3) provide recommendations on these proposals for legislative consideration.
https://lao.ca.gov/Publications/Detail/4162

A Look at Household Debt in California [EconTax Blog]

Feb 12, 2020 - New car purchases are a major category of taxable sales, so this trend likely is placing some drag on state and local sales tax collections.
https://lao.ca.gov/LAOEconTax/Article/Detail/435

The 2020-21 Budget: Department of General Services

Feb 12, 2020 - George, Elihu Harris, and Ronald Reagan buildings) and $23.6 million is for fire alarm systems at five state facilities (the Edmund Brown, Van Nuys, Justice, Library and Courts II, and Franchise Tax Board Campus buildings).
https://lao.ca.gov/Publications/Report/4157

Taking Stock of California’s Recession Readiness

Feb 12, 2020 - Not least are signs of slowing economic growth and risk from draft federal regulations regarding the types of fees and taxes the state can levy on healthcare providers. Therefore, in addition to reserves, the Legislature may want to consider the role of planned operating surpluses as a preemptive fiscal defense against a recession.
https://lao.ca.gov/Publications/Report/4156

The 2020-21 Budget: Staffing to Address New Independent Contractor Test

Feb 11, 2020 - Based on supplementary information we requested from the administration, we know that the proposal includes funding for 20 tax auditor positions, most of whom would work additional payroll tax appeals related to AB  5.
https://lao.ca.gov/Publications/Report/4151

The 2020-21 Budget: The Governor’s Homelessness Plan

Feb 11, 2020 - Expands the State Housing Tax Credit Program.   The Governor proposes $ 500  m illion General Fund for the state ’s housing tax credit program. As in 2019 ‑20, the Governor proposes up to $ 200  m illion would be set aside for mixed ‑income projects.
https://lao.ca.gov/Publications/Report/4152

The 2020-21 Budget: Structuring the Budget

Feb 10, 2020 - Managed Care Organization (MCO) Tax Approved. After enacting the 2019 ‑ 20 b udget in June, the Legislature reauthorized the MCO tax in September. The MCO tax generates General Fund benefit by taxing enrollment in MCOs and using that revenue to offset General Fund costs in Medi ‑Cal.
https://lao.ca.gov/Publications/Report/4150

The 2020-21 Budget: Transportation

Feb 10, 2020 - Additionally, DMV licenses and regulates vehicle ‑related businesses (such as automobile dealers and driver training schools), and collects certain fees and taxes for state and local agencies. As of January 2020, there were 27. 3  m illion licensed drivers and 35. 8  m illion registered vehicles in the state.
https://lao.ca.gov/Publications/Report/4149

Funding for state and local air quality regulatory agencies. [Ballot]

Jan 24, 2020 - In 2019-20, CARB is budgeted at $1.4  billion, which comes from revenues generated by various taxes and fees. Local Air Quality Districts . There are 35 air districts in California. In addition to working with CARB to produce air quality management plans as part of the SIP, air districts are responsible for implementing the plans within their jurisdictions.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-032