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Economy and Taxes (5)
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Results in Economy and Taxes from the past 5 years


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

Feb 23, 2026 - When we reviewed this issue in The 2015‑16 Budget: Cigarette Tax and Licensing Programs , we did not find this argument compelling. We recommended that the Licensing Program be funded exclusively through license fees, which is how it is funded today.
https://lao.ca.gov/Publications/Report/5132

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - California’s Low-Wage Workers and Minimum Wage California ’s Low-Wage Workers and Minimum Wage California ’s Minimum Wage Overall Statewide Minimum Wage $16 Per Hour. Over the last decade, two statutes —Chapter  351 of 2013 (AB  10, Alejo) and Chapter  4 of 2016 (SB  3, Leno) —gradually have increased California ’s statewide minimum wage from $8 per hour to $16 per hour.
https://lao.ca.gov/Publications/Report/4878

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Three Ways to Assess the Minimum Wage Is the current $16 per hour statewide minimum wage high, low, or somewhere in between? Over the last decade, California ’s nominal minimum wage has doubled from $8 per hour to $16 per hour.
https://lao.ca.gov/Publications/Report/4878/3

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

Mar 18, 2025 - On January 16, 2025, the U.S. Department of Commerce announced an award of “up to $6.3  billion ” to fund Natcast. Eventually, Natcast plans to fund most of its activities through membership fees paid by various entities, such as businesses that make semiconductors.
https://lao.ca.gov/Publications/Report/5018

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - Child Tax Credit Under prior law, the CTC provided filers with income below $200,000 ($400,000 for joint filers) a credit of up to $2,000 for every dependent from ages 0 to 16, and up to $500 for dependents 17 and older.
https://lao.ca.gov/Publications/Report/4410