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Economy and Taxes (6)
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Results in Economy and Taxes from the past 5 years


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The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Subject to Legislative Appropriation $50.0 CDE Program or activities (such as physical security improvements and school ‑based mental health services) addressing risk factors for gun violence affecting K ‑12 students. 3 15.0 JC Court ‑based firearm relinquishment grant program to facilitate removal of firearms and ammunition from individuals who become prohibited from owning or possessing them
https://lao.ca.gov/Publications/Report/4970

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - As shown in Figure 1, California’s motion picture production workforce is by far the largest in the United States, over 2.5 times the size of its largest competitor (New York), and has held fairly steady in size over the last two decades.
https://lao.ca.gov/Publications/Report/5000

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Both of these figures are attributable to growth in revenue and the Proposition  98 formula that reserves a minimum percentage of that revenue (just under 40  percent) for school and community college programs.
https://lao.ca.gov/Publications/Report/4772

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The constitution also requires the state to make deposits into a Proposition   98 r eserve when a series of conditions are met. Under the administration ’s estimates, the balance of the Proposition   98 r eserve would reach $ 487  m illion at the end of 2020 ‑21.
https://lao.ca.gov/Publications/Report/4135

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - While these efforts very well could return inflation in California to the pre ‑pandemic norm of 2.5 percent per year, heightened inflation pressures —such as relatively high levels of consumer spending and wage growth —could result in elevated inflation that persists in the coming years.
https://lao.ca.gov/Publications/Report/4647

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The 2021‑22 budget provided $2.5 million one‑time General Fund to establish a new network of ten Inclusive Innovation Hub partnerships. GO‑Biz has not yet announced where the hubs will be located or which organizations are participating in them.
https://lao.ca.gov/Publications/Report/4529