The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - In recent years, the commission has averaged approximately $272  million of credits awarded to 38 separate projects per year. Not all credits made available by the Legislature for the CFC to award are distributed each year.
https://lao.ca.gov/Publications/Report/5000

Hearing Concerning Propositions 30, 31, 38, and 39 [Publication Details]

Aug 8, 2012 - Hearing Concerning Propositions 30, 31, 38, and 39 [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/2649

Fixing Unemployment Insurance

Dec 2, 2024 - State law sets out 38 different tax rates for businesses based on their reserve ratio (shown as rows in Figure  3 ). When overlaid with the state ’s eight statutory tax schedules (shown as columns in the figure, which change based on the UI trust fund balance), California businesses pay 1 of 304 UI tax rate options.
https://lao.ca.gov/Publications/Report/4943

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - In 2020, 11  percent of buses entering service for small transit agencies were ZEBs; by 2022, that share had grown to 38  percent. As described in the “Background ” section, the ICT establishes higher ZEB purchase requirements for large transit agencies than for small transit agencies.
https://lao.ca.gov/Publications/Report/4890

The 2018-19 Budget: California Hiring Tax Credits

Mar 15, 2018 - The credit also is capped at 350  p ercent of the minimum wage —$38. 50 i n 2018. This means that, regardless of an employee ’s hourly wage, a taxpayer may not claim a tax credit in excess of $7. 70 p er hour worked ($38. 50 m inus $16.50, multiplied by 0.35).
https://lao.ca.gov/Publications/Report/3784

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Estimated Direct Fiscal Effect: $38   Million. The administration estimates that the proposed increase in the annual cap would have a direct fiscal cost to the state and local governments totaling $ 38  m illion over a five ‑year period, starting in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4327

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The adm inistration estimates this change will increase CT revenue in 2019 ‑20 by $38  million. Eliminates Performance-Based Pay Exception From Executive Pay Limits. Publically traded corporations are not allowed to deduct more than $1  million of the compensation of the principal executive officer, the principal financial officer, and the three other most highly compensated executives at the corporation.
https://lao.ca.gov/Publications/Report/4100

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - At the same time, this share dropped from 46 percent to 38 percent for ages 35 to 55 and from 11 percent to 8 percent for those under 35. As Figure  3 shows, homeowners between ages 55 and 75 tend to be less likely to sell their homes than other homeowners, both younger and older.
https://lao.ca.gov/Publications/Report/3693