Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Requires Transit Agencies to Buy ZEBs. State statutes establish goals for reducing statewide GHG emission and direct the California Air Resources Board (CARB) to take regulatory actions to meet these goals.
https://lao.ca.gov/Publications/Report/4890

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - As a rough guideline, for every $175  million in revenue that the state forgoes, it can “buy ” a one ‑cent per gallon reduction in gasoline tax rates (and a 0.7 ‑cent per gallon reduction in diesel tax rates).
https://lao.ca.gov/Publications/Report/4528

California’s First Film Tax Credit Program

Sep 29, 2016 - For example, when a new employee is hired by a business that supports film productions, that individual will then spend some of his or her income to buy more household goods and services than they would have otherwise.
https://lao.ca.gov/Publications/Report/3502

The Property Tax Inheritance Exclusion

Oct 9, 2017 - This limited inventory —a consequence of many factors including too little home building and an aging population —has driven up the price of housing in California and made the home buying experience more difficult for many.
https://lao.ca.gov/Publications/Report/3706

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

Mar 23, 2020 - Many of these companies have significant assets, but generate comparatively little economic activity in the way of buying and selling goods or employing workers. Provides Limited Relief to Businesses.
https://lao.ca.gov/Publications/Report/4207

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - Real Value The real value of a dollar refers to the amount of goods and services that dollar can buy. Over  time, the real value of a dollar decreases due to inflation. For example, suppose the state spends $100,000 to provide services to ten people.
https://lao.ca.gov/Publications/Report/4647

Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - For example, if a participant sells 300 additional electric vehicles, the calculation assumes that consumers buy 300 fewer conventional gasoline vehicles. For some consumers, the closest substitute for an electric vehicle made by the participant might indeed be a conventional gasoline vehicle.
https://lao.ca.gov/Publications/Report/3907

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - When people buy vehicles from other individuals (known as “private parties ”), they owe use tax (similar to sales tax). Currently, the amount of use tax is based directly on the sale price that the buyer reports to DMV.
https://lao.ca.gov/Publications/Report/4238

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - In addition to the CAEATFA exclusion, the state offers a partial exemption that allows manufacturers and some other types of businesses to buy equipment without paying the 3. 94  p ercent state General Fund portion of the sales tax.
https://lao.ca.gov/Publications/Report/4327

Common Claims About Proposition 13

Sep 19, 2016 - Higher property tax costs for new commercial property owners seemingly creates a disadvantage for new businesses that need to buy property. This may make it harder for new businesses to compete with long –tenured , existing businesses.
https://lao.ca.gov/Publications/Report/3497