The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Short ‑Term vs. Long ‑Term Strategies. The  current supply chain disruptions are the result of both short ‑term issues, such as greater consumer demand, as well as long ‑term issues, such as the capacity and resilience of the goods movement system.
https://lao.ca.gov/Publications/Report/4540

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - In this section, we briefly highlight some key sources of such funding. Transit and Intercity Rail Capital Program (TIRCP). TIRCP is one of the main ongoing sources of funding available for ZEB adoption.
https://lao.ca.gov/Publications/Report/4890

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - To the extent that tax avoidance could be a large part of the story, the size of the revenue loss highlights the importance of efforts to enforce tobacco tax laws. CDTFA ’s Enforcement Activities Spending on CDTFA ’s Tobacco Programs Has Declined.
https://lao.ca.gov/Publications/Report/4966

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

May 12, 2022 - While prices in general have increased, the price of motor fuels and electricity have grown even more significantly when compared to other items, as highlighted in the figure. For instance, statewide average per ‑gallon gasoline prices rose from $3.91 in April 2021 to $5.65 in March  2022, a  45  percent increase.
https://lao.ca.gov/Publications/Report/4597

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We assess the pseudo-out-of-sample prediction errors for each specification using the monthly CPS from January to December 2022 as our training set and the monthly CPS from January to December 2023 as our test set.
https://lao.ca.gov/Publications/Report/4878/4

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - We highlight th ree recent studies below. Film and Television Production Tax Incentives. We evaluated the economic effects of an income tax credit for motion picture production in 2016 at the request of the legislature.
https://lao.ca.gov/Publications/Report/4331

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Finally, we highlight several concerning steps taken by EDD in recent years that suggest that ensuring eligible workers get benefits is not among its top priorities. Improving the UI Program. Although these problems are not new, the pandemic has highlighted the need for the state to rebalance the UI program to make getting benefits to eligible workers a top priority.
https://lao.ca.gov/Publications/Report/4615

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - Testing an expansion of the traditional California Competes model may have been reasonable a few years ago when the state was flush with resources. In today’s environment, however, it is not prudent.
https://lao.ca.gov/Publications/Report/4846

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

Feb 28, 2025 - Finally, California and New York ’s programs tend to stand out as having the most additional requirements such as diversity and workforce development plans, although the tax credit programs outside the U.S. that we analyzed do have cultural tests relating primarily to hiring a certain number of local crewmembers and/or executives.
https://lao.ca.gov/Publications/Report/5000

Fixing Unemployment Insurance

Dec 2, 2024 - Tax System Has Not Withstood the Test of Time Tax System Dates Back to 1984. California ’s state ‑federal UI program was first enacted after the Great Depression. The state ’s modern UI  tax system dates back to 1984, when the state instituted a new tax system to conform with federal UI changes.
https://lao.ca.gov/Publications/Report/4943