The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - In particular, we offer background information; comments on revenue trends, CDTFA ’s enforcement activities, and the AB  3218 budget change proposal (BCP); and questions that budget subcommittees may wish to ask about these issues.
https://lao.ca.gov/Publications/Report/4966

Community Land Trust Property Tax Exemption

Dec 20, 2024 - Chapter  636 of 2022 (AB  1206, Bennett) modified the rules community land trust properties must meet to qualify for the property tax exemption, making it easier for properties to maintain their exemption when low-income residents experience a modest gain in income.
https://lao.ca.gov/Publications/Report/4946

Community Land Trust Property Tax Exemption [Publication Details]

Dec 20, 2024 - Chapter 636 of 2022 (AB 1206, Bennett) modified the rules community land trust properties must meet to qualify for the property tax exemption, making it easier for properties to maintain their exemption when low-income residents experience a modest gain in income. AB 1206 also required our office to report data on the use of the exemption by community land trust properties.
https://lao.ca.gov/Publications/Detail/4946

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Over the last decade, two statutes —Chapter  351 of 2013 (AB  10, Alejo) and Chapter  4 of 2016 (SB  3, Leno) —gradually have increased California ’s statewide minimum wage from $8 per hour to $16 per hour.
https://lao.ca.gov/Publications/Report/4878

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Beginning July 2024, Chapter  231 of 2023 (AB  28, Gabriel) imposed a new excise tax on firearm dealers, firearm manufacturers, and ammunition vendors. Specifically, an 11  percent tax is applied to the gross retail sales of firearms, firearm precursor parts, and ammunition.
https://lao.ca.gov/Publications/Report/4970

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Under AB  784, the exemption would have ended on January 1, 2024. Chapter  353 of 2022 (AB  2622, Mullin) pushed back the expiration date to January 1, 2026 and required our office to publish our analysis by May 1, 2024.
https://lao.ca.gov/Publications/Report/4890

The 2025-26 Budget: CDTFA’s Tobacco Programs [Publication Details]

Feb 14, 2025 - In this post, we provide information to support the Legislature’s oversight of the Department of Tax and Fee Administration’s (CDTFA’s) tobacco programs. In particular, we offer background information; comments on revenue trends, CDTFA’s enforcement activities, and the AB 3218 budget change proposal (BCP); and questions that budget subcommittees may wish to ask about these issues.
https://lao.ca.gov/Publications/Detail/4966

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

Feb 28, 2023 - The credits are available for productions in 2022 through 2032. The CFC identifies and certifies qualified soundstage construction projects. Productions receiving credits under this program are required to set ethnic, racial, and gender diversity goals and to develop a plan to achieve those diversity goals.
https://lao.ca.gov/Publications/Report/4713

Evaluation of a Tax Exemption for Zero-Emission Buses [Publication Details]

Apr 15, 2024 - Published in accordance with Chapter 353 of 2022 (AB 2622, Mullin), which directs our office to review the effectiveness of a partial sales tax exemption for zero-emission buses.
https://lao.ca.gov/Publications/Detail/4890

Evaluation of the Better for Families Tax Refund [Publication Details]

Apr 1, 2024 - Submitted in accordance with Section 7(b)(1) of Chapter 51 of 2022 (AB 192, Committee on Budget) that directs our office to evaluate the extent to which the Better for Families tax refund helped families meet the demands of inflation during the pandemic.
https://lao.ca.gov/Publications/Detail/4891