U.S. Retail Sales Update: May 2024 [EconTax Blog]

Jun 18, 2024 - U.S. retail sales have grown 0.4 percent over the last 3 months and 2.3 percent over the last 12 months. Over both periods, sales have grown more slowly than inflation.
https://lao.ca.gov/LAOEconTax/Article/Detail/807

U.S. Retail Sales Update: May 2024 [EconTax Blog]

Jun 18, 2024 - U.S. retail sales have grown 0.4 percent over the last 3 months and 2.3 percent over the last 12 months. Over both periods, sales have grown more slowly than inflation.
https://lao.ca.gov/LAOEconTax/article/Detail/807

Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details]

Jun 13, 2024 - Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4912

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 13, 2024 - Annual Report on Tax Exemptions for Medicinal Cannabis June 13, 2024 Annual Report on Tax Exemptions for Medicinal Cannabis Statutory Data Reporting Requirement. Chapter  837 of 2019 (SB  34, Wiener) established new tax exemptions for donations of medicinal cannabis.
https://lao.ca.gov/Publications/Report/4912

Cannabis Tax Revenue Update [EconTax Blog]

May 31, 2024 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein Background. In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. Proposition 64 created two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/805

Cannabis Tax Revenue Update [EconTax Blog]

May 31, 2024 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein Background. In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. Proposition 64 created two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/article/Detail/805

The 2024-25 Budget: Preliminary May Revision Analysis for CalWORKs

May 29, 2024 - Counties May Need to Determine How to Use Limited Funds. DSS has indicated counties could consider using single allocation funds to backfill proposed program-specific reductions if desired locally. However, some counties may have insufficient funds to do so while also covering necessary administrative and employment services costs.
https://lao.ca.gov/Publications/Report/4911

The 2024-25 Budget: Juvenile Custodial Interrogation Mandate

May 28, 2024 - Furthermore, statewide costs could be affected by other factors that remain uncertain, such as ch anges in the number of counties that choose to file reimbursable claims and the extent to which counties include law enforcement or indirect costs in their claims.
https://lao.ca.gov/Publications/Report/4910

The 2024-25 Budget: Preliminary May Revision Analysis for Child Welfare

May 24, 2024 - The change in total funding, which is a net increase of $173  million total funds, reflects the General Fund decrease, offset by projected increases in county and federal expenditures. The General Fund net decrease is driven primarily by: Expiration of one-time funding provided in 2023-24, such as $100  million for Los Angeles County child welfare stabilization and $50  million for flexible county funds to support home-based foster placements.
https://lao.ca.gov/Publications/Report/4909

The 2024-25 Budget: The MCO Tax Package at May Revision [Publication Details]

May 22, 2024 - The 2024-25 Budget: The MCO Tax Package at May Revision [Publication Details] The 2024-25 Budget: The MCO Tax Package at May Revision Format: HTML Description: This post provides our initial assessment of the Governor’s proposed managed care organization (MCO) tax package in the May Revision.
https://lao.ca.gov/Publications/Detail/4905