Fixing Unemployment Insurance

Dec 2, 2024 - Over the last ten years, the UI program each year has paid an average of 1.4 weeks of benefits per covered employee. (We recommend excluding 2020 from this calculation given the abnormality of UI costs that year.)
https://lao.ca.gov/Publications/Report/4943

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The second excluded variable indicates whether the response comes from the February or March survey, rather than one of the other ten months of the year. As described in Bollinger and Hirsch (2013), CPS enumerators have stronger performance incentives in February and March than in other months.
https://lao.ca.gov/Publications/Report/4878/4

The 2020-21 Budget: Taxation of E-Cigarettes

Feb 24, 2020 - Revenues Tax Likely Would Raise Tens of Millions of Dollars Annually. The amount of revenue raised by the proposed tax is highly uncertain at this time. Our current best estimate is that the tax initially would raise tens of millions of dollars annually.
https://lao.ca.gov/Publications/Report/4171

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

Feb 28, 2023 - Similarly, while California ’s film tax credit is nonrefundable, more than ten states provide refundable credits. This means a taxpayer can claim more credits than their tax liability, allowing them to receive a refund.
https://lao.ca.gov/Publications/Report/4713

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - Figure  3 shows that interest rates for ten ‑year U.S. treasury bonds, which are closely related to changes in state borrowing costs, currently are at historic lows. Debt Service Reduces Fiscal Resources.
https://lao.ca.gov/Publications/Report/4331

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

May 12, 2022 - While we will know more about the state ’s SAL requirements in the coming weeks, they are likely to be in the tens of billions of dollars. (For more information about the SAL, see our report The State Appropriations Limit .)
https://lao.ca.gov/Publications/Report/4597

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - These costs —such as equipment, construction costs, employee salaries, and rent —often sum to tens of thousands of dollars, or considerably more. The number of LLCs (which do not receive an exemption) has grown more quickly than the number of corporations (which do receive an exemption) in recent years.
https://lao.ca.gov/Publications/Report/4207

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - For example, suppose the state spends $100,000 to provide services to ten people. In the next year, the cost of providing the service increases 10  percent, so the state can only provide those services to nine people.
https://lao.ca.gov/Publications/Report/4647

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - California's Unemployment Insurance (UI) program provides wage replacement to unemployed workers. The program has faltered during recent downturns, causing hardship for workers and their families, holding back the state's economic recovery, and spurring frustration among Californians with their government.
https://lao.ca.gov/Publications/Report/4615

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The 2021‑22 budget provided $2.5 million one‑time General Fund to establish a new network of ten Inclusive Innovation Hub partnerships. GO‑Biz has not yet announced where the hubs will be located or which organizations are participating in them.
https://lao.ca.gov/Publications/Report/4529