Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - In the same month, the average prices per metric ton of marine gas oil in the Americas and in the Asia-Pacific region were $837 and $786, respectively. Maritime Fuel Deliveries. To estimate California deliveries of residual fuel oil (a major type of maritime fuel), we combine data from a couple of sources.
https://lao.ca.gov/Publications/Report/5094

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - To address this possibility, we estimate the age distribution again, this ti me only for workers who have lived in the U.S. for at least one decade. Figure  2 displays the results. These estimates are very similar to the numbers in Figure  1, indicating that recent immigration does not explain those age patterns.
https://lao.ca.gov/Publications/Report/4878/2

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - In light of the state ’s fiscal situation, we do not view this consequence as significant enough to warrant a General Fund allocation in 2024-25. LAO Recommendation In Light of Fiscal Situation, Reject GO-Biz Funding Proposals.
https://lao.ca.gov/Publications/Report/4846

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - If the Legislature is concerned about the potential for a short-term spike in the program ’s fiscal costs, especially in light of the state ’s structural budget issues, some modifications could be considered.
https://lao.ca.gov/Publications/Report/5162

The 2017-18 Budget: Evaluating the State-County Assessors' Partnership Agreement Program

Mar 27, 2017 - We see a similar pattern in the number of revaluations of properties that previously received a reduction in their taxable value in light of declining real estate values during the Great Recession. The number of these reevaluations completed per staff member declined by 100 (from 215 to  115) in SCAPAP counties, while declining by only about 70 (from 210 to 140) in nonparticipating counties.
https://lao.ca.gov/Publications/Report/3632

The Property Tax Inheritance Exclusion

Oct 9, 2017 - In light of this, the Legislature may want to revisit the inheritance exclusion. As a starting point, the Legislature would want to consider what goal it wishes to achieve by having an inheritance exclusion.
https://lao.ca.gov/Publications/Report/3706

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Figure  2 displays the distribution of the most likely revenue outcomes over the multiyear (in light purple). As seen in the figure, while the revenues required to balance the budget (in green) are optimistic, but plausible, in the budget window, they are improbable in the out ‑years.
https://lao.ca.gov/Publications/Report/4772

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - “Lights, camera, but no action? Tax and economic development lessons from state motion picture incentive programs. ” The American Review of Public Administration 48.1 (2018): 33 ‑51. Thom, Michael. “Time to yell “cut?
https://lao.ca.gov/Publications/Report/4713

A Key Interaction Between Sales Taxes and Other Taxes on Cannabis Retailers

Dec 17, 2019 - In light of the interaction described above, the Legislature would need to consider how to define retail gross receipts for the purpose of the state excise tax. Recommendations Consider Changing Statutory Definition of Gross Receipts for Sales Tax.
https://lao.ca.gov/Publications/Report/4124

The 2017-18 Budget: California Competes Tax Credit

Feb 27, 2017 - The administration ’s proposal for three years of funding is reasonable in light of some amount of continuing uncertainty about FTB ’s workload from year to year. As the California Competes tax credit program is temporary, the Legislature may consider approving this item as requested.
https://lao.ca.gov/Publications/Report/3586