Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - For example, to encourage a retailer to set up shop in a city, the city could refund half of the Bradley-Burns tax paid by the retailer. If retailers respond strongly to these rebates, then cities providing them could end up with higher revenues.
https://lao.ca.gov/Publications/Report/5074

Fixing Unemployment Insurance

Dec 2, 2024 - (To raise the same amount of money under the state ’s current taxable wage base of $7,000, the standard tax rate would need to be 5  percent, well above the state ’s current tax rate of 3.5  percent.)
https://lao.ca.gov/Publications/Report/4943

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Under SB  3, the statewide minimum wage will continue to increase by up to 3.5  percent each year, depending on inflation. New Minimum Wages for Certain Types of Employers. In 2023, the Legislature passed and the Governor signed two industry-specific minimum wages: one for fast-food chains (Chapter  262 [AB  1228, Holden]), and another for health care facilities (Chapter  890 [SB  525, Durazo]).
https://lao.ca.gov/Publications/Report/4878

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

Feb 28, 2025 - In contrast, filming activity following the strikes has shown no signs of recovering so far, with shoot days slightly declining further in 2024. Figure  5 shows the differing effects of these two events by comparing the total percent change in employment levels for California and the U.S. since 2019.
https://lao.ca.gov/Publications/Report/5000

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Corporations and individuals may carry forward unused NOLs for up to 20 years. Under the budget pa ckage, corporations and individuals that have net business income over $1  million are not allowed to use NOLs to reduce their taxes for 2020, 2021, and 2022.
https://lao.ca.gov/Publications/Report/4270

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - All four agreements were for relatively large amounts —between $5. 2  m illion and $29. 8  m illion. Go ‑Biz typically awards around 20 agreements per application period for lower amounts. The average agreement in the prior two years was for $3. 3  m illion.
https://lao.ca.gov/Publications/Report/4327

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  5, roughly half of low-wage workers work at least 40 hours per week at their primary jobs. (In the CPS, roughly 4  percent of California ’s low-wage workers indicate that they hold multiple jobs.
https://lao.ca.gov/Publications/Report/4878/1

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - In the 2023-24 session, the Legislature passed and the Governor signed Chapter  849 (AB  3218, Wood) and Chapter  462 (SB  1230, Rubio). These laws require the Attorney General to establish a list of unflavored tobacco products to simplify enforcement of the flavor ban.
https://lao.ca.gov/Publications/Report/4966

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - These amounts are lower than the 20  percent change that would be reflected in statute due to the payment divergence discussed in the previous section. Based on our November revenue forecasts, this change would reduce General Fund revenues by roughly $5  billion in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4722

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Signs of Imbalance in the UI Program. In this report, we highlight five key signs of the state ’s imbalanced UI program. First, the department improperly denies many UI applications. More than half of EDD denials are overturned on appeal, while less than one ‑quarter are overturned in the rest of the country.
https://lao.ca.gov/Publications/Report/4615