Fixing Unemployment Insurance

Dec 2, 2024 - As a result, our approach represents a significant improvement over the status quo, which likely involves near ‑permanent outstanding federal loans for decades to come. Magnitude of Tax Increase and New Borrowing an Honest Reflection of UI Program ’s Imbalance.
https://lao.ca.gov/Publications/Report/4943

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - For example, a filer with head of household status, one eligible dependent, and $7,000 of child care expenses could claim a credit for a percentage of the first $3,000 of expenses and then exclude the remaining $4,000 from their income if the expenses were paid by the filer ’s employers.
https://lao.ca.gov/Publications/Report/4410

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Common reasons a worker would not meet the available requirement include (1)  caring for a child at home, (2)  not having legal work status, (3)  seeking part ‑time work when the prior job was full time, (4)  not commuting longer distances for a new job, and (5)  using the period of unemployment to change careers.
https://lao.ca.gov/Publications/Report/4615

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - We see no obvious public policy benefit for the status quo of exempting a newly formed corporation from the minimum franchise tax, while a newly formed LLC, LP, or LLP must pay the minimum franchise tax.
https://lao.ca.gov/Publications/Report/4207

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

Jan 13, 2020 - The Governor ’s budget proposes expanding comprehensive Medi ‑Cal coverage to income ‑eligible seniors aged 65 and older, regardless of immigration status, beginning no sooner than January 1, 2021. The budget assumes 27,000 seniors will gain comprehensive coverage at a half ‑year cost of $ 64  m illion General Fund in 2020 ‑21 and an annual ongoing cost of $ 320  m illion General Fund at full implementation.
https://lao.ca.gov/Publications/Report/4135