Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog]

May 21, 2025 - Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q1) May 21, 2025 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/article/Detail/830

Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog]

May 21, 2025 - Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q1) May 21, 2025 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/Article/Detail/830

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - We define a delay as a proposal that reduces expenditures within the budget window (2023 ‑24 through 2025 ‑26) but shifts those costs to a future year in the multiyear period (2026 ‑27 through 2028 ‑29).
https://lao.ca.gov/Publications/Report/5044

California State Library Budget [EdBudget]

May 7, 2025 - In 2025-26, consists of $68.9 million for local library infrastructure projects. d Consists of $2.4 million for disaster preparedness and $750,000 for LGBTQ historical archives preservation. e Less than $500,000. f In 2023-24 and 2025-26, consists of carryover funds for the digitization of state agency resources. g In 2023-24, consists of $240,000 for the California History Room Special Collections.
https://lao.ca.gov/Education/EdBudget/Details/928

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - In 2023, CSM determined that the specific requirements listed in Figure 1 were state mandates. It further determined that between June 1, 2009 and December 31, 2017, these mandates were reimbursable by the state because during that period, local governments did not have fee authority sufficient to cover the cost due to the applicability of the Proposition 218 voter approval requirements.
https://lao.ca.gov/Publications/Report/5039

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Comparing Figure  1 with the 2023 data in Figure  3, white, Black, and Multiple/Other individuals are overrepresented among credit recipients relative to their California population share, while Hispanic/Latino and Asian individuals are  underrepresented.
https://lao.ca.gov/Publications/Report/5036

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - SIB undertook three media campaigns across 2023 and 2024. Two of the campaigns focused on broad advertising and included activities such as video advertisements, display banners, and audio streaming with messaging about the program to reach a wide audience.
https://lao.ca.gov/Publications/Report/5035

The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - The maintenance payment ($103.7  million) reflects a roughly $20.1  million reduction (16  percent) from the amount counties received in 2023-24 when the formula was placed on hold. In 2023-24, each county received their highest SB  678 grant award from the prior three fiscal years (2018-19, 2019-20, or 2020-21) due to concerns that grant awards would fluctuate for reasons unrelated to performance.
https://lao.ca.gov/Publications/Report/5031

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - For example, in March  2023, Governor Newsom issued an executive order waiving statute to ease access to unemployment benefits for people unemployed as a result of severe winter storms that struck the state in February 2023.
https://lao.ca.gov/Publications/Report/5029

Rethinking California's Reserve Policy

Apr 10, 2025 - Further, since 2023‑24, the Legislature has addressed $82 billion in budget problems (with more in deficits likely to emerge in the coming years), but at its largest, the BSA balance reached only $23 billion.
https://lao.ca.gov/Publications/Report/5028