The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Subject to Legislative Appropriation $50.0 CDE Program or activities (such as physical security improvements and school ‑based mental health services) addressing risk factors for gun violence affecting K ‑12 students. 3 15.0 JC Court ‑based firearm relinquishment grant program to facilitate removal of firearms and ammunition from individuals who become prohibited from owning or possessing them
https://lao.ca.gov/Publications/Report/4970

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

Feb 28, 2025 - Figure  6 shows the amount of credits claimed by recipients over time. The annual amount of credit claims per year has settled in the range of $150  million to $200  million for the last several years.
https://lao.ca.gov/Publications/Report/5000

Fixing Unemployment Insurance

Dec 2, 2024 - On  average, employers pay a total of $5  billion to $6  billion into the fund each year. When an eligible worker becomes unemployed, the state pays the workers ’ benefits out of the trust fund. Unemployed workers can receive 50  percent of their regular wages, up to a maximum of $450 per week, for up to 26 weeks.
https://lao.ca.gov/Publications/Report/4943

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

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Across all programs in this agency (including, for example, Medi ‑Cal, In ‑Home Supportive Services, developmental services, and child care), our estimates are $6  billion higher than the administration ’s projection by 2026 ‑27.
https://lao.ca.gov/Publications/Report/4772

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  6, the 2024 statewide minimum wage is noticeably below half of the 2022-2023 full-time median wage. By this measure, the state ’s minimum wage is around where it was one decade ago.
https://lao.ca.gov/Publications/Report/4878/3

The 2020-21 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2020 - Removing this item —which reduces General Fund spending —from the list of discretionary choices made in the Governor ’s budget increases our calculation of the surplus to $6 billion. The document is updated to reflect these changes.
https://lao.ca.gov/Publications/Detail/4135

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - (Budget-related legislation enacted in June expanded the EITC and YCTC to ITIN filers with children under 6, but additional legislation in August broadened this expansion to all ITIN filers.) This expansion is assumed to reduce revenues by $125  million in 2020 ‑21.
https://lao.ca.gov/Publications/Report/4270

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - Maximum Benefit Increased to $3,600 for Dependents Under 6. The ARP expands the credit for 2021: For single filers with income of up to $75,000 ($112,500 for heads of household, $150,000 for joint filers), the maximum credit rises to $3,600 for dependents from ages 0 to 5 and $3,000 for dependents ages 6 to 17.
https://lao.ca.gov/Publications/Report/4410

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Governor Has a $6   Billion Surplus to Allocate. We estimate the Governor had a $6  b illion surplus to allocate in the 2020 ‑ 21 b udget process. (The box below gives more information on how we use the term “surplus ” in the Overview of the Governor ’s Budget .)
https://lao.ca.gov/Publications/Report/4135