Annual Report on Tax Exemptions for Medicinal Cannabis

Jul 1, 2021 - Chapter   837 o f 2019 (S B  34 , Wiener) established new tax exemptions for donations of medicinal cannabis. The law directs our office to submit an annual report containing dat a on three outcomes related to the exemptions: the number of medicinal cannabis patients served, the amount of medicinal cannabis products donated, and the amount of tax revenue lost.
https://lao.ca.gov/Publications/Report/4447

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - In 2018, more than 75  p ercent of total income from S corporations and partnerships went to filers with more than $500, 000 o f income. Taxpayers with incomes over $500, 000 m ake up about 2  p ercent of all taxpayers.
https://lao.ca.gov/Publications/Report/4327

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

Feb 28, 2025 - California is the only state that has an explicit competitive element to its tax credit, as it ranks projects using a formula that weighs the wages that will be generated by a production versus the value of credits that will be allocated t o that project.
https://lao.ca.gov/Publications/Report/5000

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - O ’Brien, Nina F., and Christianne J. Lane. “Effects of economic incentives in the American film industry: An ecological approach. ” Regional Studies 52.6 (2018): 865 ‑875. Owens, Mark F., and Adam D.
https://lao.ca.gov/Publications/Report/4713

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - However, the amount of the tax savings was to o small to have an effect on the number of qualified power plants that were built or retrofitted using the new technology. As a result, the economic benefits from the program were more than offset by reductions in state spending elsewhere in the budget to pay for the program.
https://lao.ca.gov/Publications/Report/4331