The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - (For more information about this debt, see: The 2017‑18 Budget: The Governor’s CalPERS Borrowing Proposal and The 2018‑19 Budget: Repaying the CalPERS Borrowing Plan .) Debt Payments Must Supplement —Not Supplant —Funding for Two Years.
https://lao.ca.gov/Publications/Report/4887

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

Jan 13, 2020 - This is because they attribute the pattern to partnerships, which are taxed under the personal income tax, changing to corporations in response to 2017 federal tax changes. This assumption is plausible, but there currently is limited evidence to support it.
https://lao.ca.gov/Publications/Report/4135

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Prior federal tax changes in 2017, there was no upper limit on the amount of SALT a filer could deduct. New Proposed Federal Rule Excludes Entity-Level Taxes From $10,000 Limit. Last November, the federal Internal Revenue Service introduced regulations specifying that state and local taxes on partnership and S corporation income imposed at the entity level (that is, before the
https://lao.ca.gov/Publications/Report/4452

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - The spending plan includes $ 50  m illion one ‑time (Air Pollution Control Fund) to continue support for local air district costs of implementing Chapter   136 o f 2017 (A B  617 , C. Garcia). Local air district costs include maintaining air monitoring equipment and developing and implementing community air protection plans.
https://lao.ca.gov/Publications/Report/4263

The State Appropriations Limit

Apr 21, 2021 - For more information about the history of the appropriations limit, see our previous reports, including The 2017‑18 Budget: Governor’s Gann Limit Proposal , The State Appropriations Limit ,and An Analysis of Proposition 4 the Gann “Spirit of 13” Initiative .
https://lao.ca.gov/Publications/Report/4416