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

Feb 15, 2022 - However, the number of CDL applications actually decreased to 4,932 in 2020 ‑21 from 5,064 in 2018 ‑19. As such, the recent increase in wait times likely is more attributable to reasons other than an increase in the demand for CDLs.
https://lao.ca.gov/Publications/Report/4540

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Although the Legislature created the ZEB exemption before the COVID-19 pandemic, it did so partly as a way to address financial difficulties resulting from the more gradual, longer-term decline in ridership that began before the pandemic.
https://lao.ca.gov/Publications/Report/4890

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

Feb 19, 2026 - Property owners seeking tax relief under Proposition  19 must file a claim with the county in which the new (replacement) residence is located. After Proposition  19 went into effect, a backlog of claims developed, and some tax bills were sent to property owners that had not been updated to reflect the lower amounts they were entitled to pay under the terms of Proposition  19.
https://lao.ca.gov/Publications/Report/5130

The 2022-23 Budget: Federal Tax Conformity for Federal Business Assistance

Jan 26, 2022 - Background Federal Assistance for Businesses Affected by COVID ‑19. The federal government created several financial assistance programs to mitigate some of the economic impacts of the COVID‑19 pandemic on small businesses.
https://lao.ca.gov/Publications/Report/4501

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - Sales Tax Exemption for Bunker Fuel November 19, 2025 Sales Tax Exemption for Bunker Fuel Statutory Data Reporting Requirement. Chapter  442 of 2023 (AB  543, Gipson) extended a longstanding sales tax exemption for certain purchases of bunker fuel, also known as maritime fuel.
https://lao.ca.gov/Publications/Report/5094

The 2021-22 Budget: Small Business Grants [Publication Details]

Jan 22, 2021 - This handout assesses the Governor's proposal to expand a recently created small business grants program by $575 million.
https://lao.ca.gov/Publications/Detail/4316

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

Feb 28, 2025 - Two notable events account for the volatility seen in Figure  3, namely COVID ‑19 and the 2023 SAG ‑AFTRA and Writer ’s Guild of America strikes, which coincide with the sharp decreases observed in 2020 and 2023 respectively.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - In 2018-19, the tax program had 75.6 filled positions, and the licensing program had 64.3 filled positions. In 2023-24, these programs had 53.2 and 41.9 filled positions, respectively. CDTFA has provided two explanations for this decline.
https://lao.ca.gov/Publications/Report/4966

The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Jan 26, 2022 - The onset of the COVID ‑19 pandemic had far ‑reaching negative impacts on the state economy and significantly impacted the state budget. In  anticipation of a $54  billion budget problem, Chapter  8 of 2020 (A B  85 , Committee on Budget) limited the use of net operating loss deductions and business credits for 2020, 2021, and 2022 to temporarily increase tax revenue.
https://lao.ca.gov/Publications/Report/4500

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - Tax Credit Expansions in the American Rescue Plan COVID-19 Tax Credit Expansions in the American Rescue Plan The federal American Rescue Plan (ARP) that passed on March  11 expanded a number of federal income tax credits.
https://lao.ca.gov/Publications/Report/4410