The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Moves Financial Institutions to Single Sales Factor Apportionment. Multistate and multinational corporations have their California tax liability calculated using a process known as apportionment. Most firms use the Single Sales Factor method, which calculates the percentage of a firm ’s sales that occur in California, and then subjects that percentage of the firm ’s profits to California taxation.
https://lao.ca.gov/Publications/Report/5081

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Moves Financial Institutions to Single Sales Factor Apportionment. Multistate and multinational corporations have their California tax liability calculated using a process known as apportionment. Most firms use the Single Sales Factor method, which calculates the percentage of a firm ’s sales that occur in California, and then subjects that percentage of the firm ’s profits to California taxation.
https://lao.ca.gov/Publications/Report/5081/

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - The California Electronic Cigarette Excise Tax Program administers a 12.5  percent tax on retail sales of e-cigarettes. This program is small and new, so this post focuses on the other two programs. Flavor Ban.
https://lao.ca.gov/Publications/Report/4966

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - For example, the California Work Opportunity and Responsibility to Kids (CalWORKs) program, the state-federal cash assistance program for low-income households, fully or partially subsidizes the wages of selected CalWORKs recip ients for six months to a year in some counties.
https://lao.ca.gov/Publications/Report/5018

The 2026-27 Budget: California Highway Patrol Proposals

Mar 6, 2026 - The proposed Sawtooth Ridge radio tower is the last tower to be constructed and intended to mitigate a coverage gap in radio communications in San Bernardino County. We find the proposed funding to be consistent with previous legislative approvals for this ongoing project and important in facilitating CHP ’s regional communication and public safety operations.
https://lao.ca.gov/Publications/Report/5152

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - Sales Tax Exemption. $100  million for sales tax exclusions awarded by the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) on purchases of equipment for certain manufacturing activities.
https://lao.ca.gov/Publications/Report/4309

Mental Health Services Act: Proposed Bond to Fund Behavioral Health Facilities and Veterans Housing

Aug 17, 2023 - These sources include (1)  dedicated vehicle license fee and sales tax revenue streams known as “realignment ” funds, (2)  revenues from the Mental Health Services Fund (MHSF) —established by the MHSA and funded through a 1  percent tax on incomes over $1  million, and (3)  federal funding accessed through Medi-Cal.
https://lao.ca.gov/Publications/Report/4790

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - Number of Applications for Real Estate Sales and Broker Examinations and Licenses Is Down. DRE reports that it experienced a significant decrease in the number of people applying for real estate examinations and licenses in the first six months of 2024-25.
https://lao.ca.gov/Publications/Report/5019

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - Key reciprocity partners include the City and County of Los Angeles and many California utility companies. How Many DVBEs Are There in California? As of June 2025, California had 2,118 certified DVBEs.
https://lao.ca.gov/Publications/Report/5095

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - In September 2020, the Legislature instituted the Main Street Small Business Tax Credit, which provides income or sales tax credits to firms with 100 or fewer employees that added jobs in the second half of 2020.
https://lao.ca.gov/Publications/Report/4452