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

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

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

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - For example, the economic benefit from a bridge replacement project that requires buying steel components sourced from another country might be lower than expected if the estimates had assumed unadjusted average construction industry multipliers.
https://lao.ca.gov/Publications/Report/4331