The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - This suggests that the annual revenue loss from the flavor ban might be around $300  million to $400  million. Interpretation of Revenue Loss Unclear. Under the flavor ban, people who otherwise would consume flavored tobacco have three main options: (1)  avoid tobacco use altogether, (2)  switch to unflavored tobacco products, or (3)  obtain flavored tobacco from sources that violate the ban or from sources not subject to the ban (for example, other states).
https://lao.ca.gov/Publications/Report/4966

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The percentages presented in Figure  1 alone do not give a sense of how diverse the labor forces of version 3.0 productions are relative to both (1)  the overall motion picture workforce in California and (2)  California ’s population as a whole.
https://lao.ca.gov/Publications/Report/5036

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - In addition, each applicant must propose to do one of the following: (1)  create 500 new full-time jobs, (2)  make an investment of at least $10  million, or (3)  create jobs or make an investment in a high-poverty or high-unemployment area.
https://lao.ca.gov/Publications/Report/5018

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

Feb 28, 2025 - As seen in Figure  2, inflation ‑adjusted wages in the industry have not changed much in recent years, nor has California ’s wage premium relative to the rest of the country (around 20  percent). State ’s National Market Share Has Declined.
https://lao.ca.gov/Publications/Report/5000

Fixing Unemployment Insurance

Dec 2, 2024 - Our recommended approach, as summarized in Figure  11 , has four parts: (1)  increase the taxable wage base, (2)  redesign employer tax rates, (3)  rethink employer experience rating, and (4)  refinance the federal loan.
https://lao.ca.gov/Publications/Report/4943

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - We also summarize these considerations in Figure  2 . Figure 2 Key Considerations for Designing a Fiscal Relief Package Which groups of Californians to prioritize in providing relief? Which potential policies best align with the Legislature ’s relief priorities?
https://lao.ca.gov/Publications/Report/4597

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - We estimate that conforming beginning July 1, 2020 would increase PIT revenue by about $200  million in 2020 ‑21, $400  million in 2021 ‑22, and increasing amounts over time. Eliminate Mortgage Interest Deduction for Second Homes.
https://lao.ca.gov/Publications/Report/4238

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Estimating Characteristics of Low-Wage Workers In this section, we describe the method we use to construct the estimates displayed in Figures 2 through 5 in the post Who Are California’s Low-Wage Workers?
https://lao.ca.gov/Publications/Report/4878/4

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - This would provide for a roughly $ 400  m illion credit program. Given this larger pot of money, we would suggest the Legislature expand the Governor ’s proposal by: Broadening Eligibility to Other Impacted Businesses.
https://lao.ca.gov/Publications/Report/4327

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  2, the share of low-wage workers who are immigrants varies substantially by race/ethnicity. Half of Latino low-wage workers are immigrants. Most white and Black low-wage workers were born in the U.S.
https://lao.ca.gov/Publications/Report/4878/1