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 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 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