The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Evaluation of a Tax Exemption for Zero-Emission Buses Evaluation of a Tax Exemption for Zero-Emission Buses Introduction Chapter  684 of 2019 (AB  784, Mullin) created a partial sales tax exemption for zero-emission buses (ZEBs) purchased by transit agencies (hereafter, “ZEB exemption ”).
https://lao.ca.gov/Publications/Report/4890

Fixing Unemployment Insurance

Dec 2, 2024 - The federal surcharge is designed to temporarily increase employer contributions to repay the federal loan, and it drops to zero once the trust fund balance reaches zero (meaning the loan has been repaid).
https://lao.ca.gov/Publications/Report/4943

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - As the filer ’s earnings increase, the EITC amount first grows over a phase-in range, then flattens, then gradually declines over a phase-out range until the credit reaches zero. The ARP increased the maximum benefit for childless filers from $543 to $1,502 and extended both the income range over which filers can claim the maximum benefit and the range over which they can claim any EITC amount.
https://lao.ca.gov/Publications/Report/4410

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - The exemption applies to fuel that water common carriers buy in California and use after they reach their first out-of-state destination. Chapter  442 directs our office to report three performance indicators: The average monthly maritime fuel price at all domestic and international Pacific seaports.
https://lao.ca.gov/Publications/Report/5094

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - This program is a key element of the Master Settlement Agreement that California and 45 other states reached with the four largest cigarette manufacturers in 1998. The California Electronic Cigarette Excise Tax Program administers a 12.5  percent tax on retail sales of e ‑cigarettes.
https://lao.ca.gov/Publications/Report/5132

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - That said, two factors could make the net increase in GHG emissions modest —perhaps even zero. First, a temporary price reduction of a few cents per gallon likely would result in a small increase in fuel consumption.
https://lao.ca.gov/Publications/Report/4528

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081

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

Mar 18, 2025 - If the Legislature approves this proposal, we recommend adding explicit requi rements to assess a grant applicant ’s inability to use tax credits. California Regional Initiative for Social Enterprises Grant Program.
https://lao.ca.gov/Publications/Report/5018