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Economy and Taxes (30)
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Results in Economy and Taxes from the past 5 years


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California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Figure  3 shows that most low-wage workers live in households without any children under 18. Roughly 20  percent live with one child, 15  percent with two children, and fewer than 10  percent with three or more children.
https://lao.ca.gov/Publications/Report/4878/1

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - 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 - We consider five different specifications of the model for Figures 3 and 7, and four different specifications for Figures 4, 5, and 6. All specifications for the wage gaps between specific demographic groups include the indicators for those demographic groups.
https://lao.ca.gov/Publications/Report/4878/4

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  3, although California ’s nominal minimum wage has doubled over the last decade, the hourly wage gap between low-wage (10 th percentile) workers and average (median) workers has barely changed over that period.
https://lao.ca.gov/Publications/Report/4878/3

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  3, our estimates suggest that the share of workers in low-wage jobs declines by more than one-third between the ages of 25 and 32. This decline suggests that a substantial share of workers spend just a handful of years in low-wage jobs before moving on to mid-to-high-wage jobs.
https://lao.ca.gov/Publications/Report/4878/2

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

Feb 19, 2026 - In particular, state law directs our office to report on the annual state costs for new mandates and make recommendations to the Legislature as to whether the new mandates should be (1)  repealed (permanently eliminating it or making it optional), (2)  suspended (rendering it inoperative for one year), (3)  modified, or (4)  funded.
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Figure  3 shows how credits have been allocated across sectors over the last five years. Of the $1.2  billion in awards made between 2021 and 2025, around $650  million, or over half, has been allocated to businesses in advanced manufacturing.
https://lao.ca.gov/Publications/Report/5162

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The 2025-26 budget package assumes ongoing savings of $489.8  million ($182.3  million General Fund) (see Attachment 3 of the May 14, 2025 DOF letter) resulting from the permanent elimination of 6,002 vacant positions beginning in 2025-26 (see Attachment 4 of the May 14, 2025 DOF letter).
https://lao.ca.gov/Publications/Report/5081

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - Focusing on these areas, Figure  3 displays the distribution of rebate payments across jurisdictions, weighted by the number of residents. One-sixth paid less than $1 per resident. Another two-thirds paid $1 to $20 per resident.
https://lao.ca.gov/Publications/Report/5074

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Comparing Figure  1 with the 2023 data in Figure  3, white, Black, and Multiple/Other individuals are overrepresented among credit recipients relative to their California population share, while Hispanic/Latino and Asian individuals are  underrepresented.
https://lao.ca.gov/Publications/Report/5036