Firearms and Ammunition Revenue Update [EconTax Blog]

Feb 21, 2025 - Firearms and Ammunition Revenue Update [EconTax Blog] Firearms and Ammunition Revenue Update February 21, 2025 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/article/Detail/823

Firearms and Ammunition Revenue Update [EconTax Blog]

Feb 21, 2025 - Firearms and Ammunition Revenue Update [EconTax Blog] Firearms and Ammunition Revenue Update February 21, 2025 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/Article/Detail/823

The 2025-26 Budget: School Nutrition

Mar 4, 2025 - Based on our higher estimates, we recommend providing $32 million more than the Governor proposes for school nutrition programs in 2025‑26. This would reflect cost growth more consistent with recent trends in the number of school meals served.
https://lao.ca.gov/Publications/Report/5001

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - For instance, Chapter  249 of 2016 (S B  32 ,  Pavley) updated the state ’s GHG reduction limit from 1990  levels by 2020 to 40  percent below 1990  levels by 2030. Chapter  337 of 2022 (A B  1279 , Muratsuchi) requires the state to achieve net ‑zero GHG emissions by 2045.
https://lao.ca.gov/Publications/Report/4708

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - (This is 32  percent less than the proposed request of $566,000.) Recommend Revisiting Request for SSMI Position in the Future. SIB has already spent or is in the process of spending state funding dedicated to marketing activities.
https://lao.ca.gov/Publications/Report/5035

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

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - In addition to helping regulate pollutants that affect air quality, CARB is the lead state agency responsible for directing the state ’s efforts to meet the GHG reduction targets established in the Global Warming Solutions Act of 2006 (Chapter  488 of 2006, [A B  32 , N ú ñez ]) and subsequent legislation (such as Chapter 249 of 2016 [SB 32, Pavley] and Chapter 337 of 2022 [AB 1279, Muratsuchi]).
https://lao.ca.gov/Publications/Report/4980

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 7 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Resources and Environment General Fund (In Millions) Emergency surge (helitanker contract component) $45 Clean Energy Reliability Investment Plan (SB 846) 100 Diablo Canyon land use planning — Coastal resilience SB 1 implementation 55 Clean Cars 4 All and other equity (ZEV
https://lao.ca.gov/Publications/Report/4788/4

The 2025-26 Budget: CWS-CARES

Mar 5, 2025 - For example, Chapter 770 of 2022 (AB 2085, Holden) and Chapter 832 of 2022 (SB 1085, Kamlager) focus on clarifying that experiencing poverty is distinct from child maltreatment, and in particular general neglect.
https://lao.ca.gov/Publications/Report/5006

Cannabis Tax Revenue Update (2024 Q3) [EconTax Blog]

Dec 3, 2024 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Third Quarter of 2024: $148 Million. The administration currently estimates that retail excise tax revenue was $148 million in the third quarter of calendar year 2024 (July through September).
https://lao.ca.gov/LAOEconTax/Article/Detail/817