Eighth Annual LAO Budget Quiz: Answer #6

Eighth Annual LAO Budget Quiz: Answer #6 Eighth Annual LAO Budget Quiz Answer to Question #6:
https://lao.ca.gov/analysis_2006/quiz/q6.html

^[PDF] The McCauley-Rooker Tax Equity and Fiscal Responsibility Act

The measure establishes several new tax programs including tax credits for: (1) certain taxpayers with a federal estate tax liability, (2) income earned by teachers, (3) higher education tuition and fees, (4) qualified renters, (5) rents foregone by property owners due to rent control, (6) property tax payments, (7) the costs of purchasing health insurance for certain individuals, and (8) particular designated organizations.
https://lao.ca.gov/ballot/2005/050762.pdf

2005 Initiative Analysis: The Classroom Learning and Accountability Act, version 1

Eligible recipients would receive $500 per student for each student enrolled in a school that is an academically successful school (defined as a school ranked in deciles 6 ‑10 when compared with similar schools on the Academic Performance Index).
https://lao.ca.gov/ballot/2005/050925.htm

^[PDF] The Thomas Lomax Taxpayers' Protection Act

Bill Lockyer 2 September 6, 2006 Proposal Tax-Related Provisions. The initiative specifies that child support payments are deductible from income by the payer for tax purposes. Thus, monies used for general expenses pursuant to child support would be treated differently than other general child-related expenses.
https://lao.ca.gov/ballot/2006/060705.pdf

^[PDF] Health insurer financial reserves.

Xavier Becerra 6 January 5, 2018 Fiscal Impacts Would Depend on Insurer Responses State and Local Government Costs for Employee Health Coverage. This measure would affect the cost of health care coverage in the state, including costs to state and local government employers.
https://lao.ca.gov/ballot/2017/170670.pdf

^[PDF] In the current fiscal year, Proposition 6 would

In the current fiscal year, Proposition 6 would reduce SB 1 tax revenues from $4.4 billion to $2 billion—a $2.4 billion decrease. (The $2 billion in remaining revenues would be from taxes collected prior to Proposition 6 taking effect in December.)
https://lao.ca.gov/ballot/2018/prop6-110618.pdf

^[PDF] Education-Mandates-Block-Grant

Education Agenda Page 32, Items 6110-161-0001, 6110-296-0001, and 6110-001-0890 Education Mandates Block Grant June 4, 2013 Page 6 LAO 70 YEARS OF SERVICE (f) All behavioral emergency reports shall immediately be forwarded to, and reviewed by, a designated responsible administrator.
https://lao.ca.gov/handouts/Conf_Comm/2013/Education-Mandates-Block-Grant-060413.pdf

^[PDF] Infrastructure Overview

However, some in the investment community look to the debt-service ratio (the ratio of General Fund debt payments as a percentage of state revenues) as a useful general indi- cator of the state’s debt burden, and some have expressed concerns when the ratio starts to exceed 6 percent.
https://lao.ca.gov/handouts/FO/2006/Infrastructure%20Overview_021606.pdf

^[PDF] The Governor's Health Care Plan: State Fiscal Risks and Issues--October 2007

New Administration Plan to Use Lottery for Health Care Involves Major Risks The administration’s estimates assume that (1) the Lottery is leased to the private sector for an “up front” payment of $37 billion, (2) about $6 billion of this payment is used to pay off the state’s defi cit fi nancing bonds, and (3) the remaining funds are invested to generate an annual revenue stream to the state of about $2 billion.
https://lao.ca.gov/handouts/Health/2007/Gov_Health_10_31_07.pdf

^[PDF] Child Care and Development (CCD) Budget: Overview of Conference Issues

Figure 4 February 24, 2011 Page 6 LAO 70 YEARS OF SERVICE  Governor’s Budget Proposal Did Not Include Funding to Restore CalWORKs Stage 3 Veto in Current Year. Governor indicated willingness to provide $53 million for reduced service level in April through June after implementing policy changes, but January proposal did not directly authorize the funding.  Administration
https://lao.ca.gov/handouts/conf_comm/2011/Child_Care_and_Development_Budget_Overview_of_Conference_Issues_022411.pdf