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Economy and Taxes (32)
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Results in Economy and Taxes from the past 5 years


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The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This amount includes $10  million for Federation Internationale de Football Association (FIFA) World Cup security costs, $10  million for Family Justice Centers, and $8  million to the City of Los Angeles for fire engine purchases.
https://lao.ca.gov/Publications/Report/5081

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 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

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - However, since the lag between the credit agreement and the outcomes of interest can be up to several years, we do not yet have the economic data to evaluate the most recent rounds of awards. Credit Recapture and Recycling Credits Can Be Reclaimed if Milestones Not Met or Maintained.
https://lao.ca.gov/Publications/Report/5162

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 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - While these four centers have sufficient space to accommodat e large vehicles required for commercial drive tests, the other test locations frequently do not, and often have to utilize public streets and alleys as well as shared parking lots to conduct the tests.
https://lao.ca.gov/Publications/Report/4540

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

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2025 - The data do not tell us who received each donation. Some patients likely received more than one donation in 2024, so this total likely overstates the number of distinct patients. For example, if a patient received six donations in 2024, then the transaction total includes that person six times.
https://lao.ca.gov/Publications/Report/5059

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - This channel would still result in Hollywood becoming more diverse and representative but would do so by concentrating more diverse productions in California rather than increasing diversity in the industry as a whole.
https://lao.ca.gov/Publications/Report/5036

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - According to the administration, $18.7  billion (94  percent) of UI benefit fraud during the pandemic may have occurred in the federally funded programs, while the Employment Development Department (EDD) suspects $1.3  billion (6  percent) in state UI benefits fraud.
https://lao.ca.gov/Publications/Report/4615