Cannabis Tax Revenue Update: November 2023 [EconTax Blog]

Nov 30, 2023 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Third Quarter of 2023: $157 Million. The administration currently estimates that retail excise tax revenue was $157 million in the third quarter of calendar year 2023 (July through September).
https://lao.ca.gov/LAOEconTax/Article/Detail/790

Cannabis Tax Revenue Update [EconTax Blog]

Aug 30, 2023 - AB 195 established a “baseline ” level of annual funding for these programs and included some mechanisms intended to maintain funding at the baseline. Most notably, AB 195 appropriated $150 million General Fund to backfill funding shortfalls if cannabis revenues came in lower than expected in 2022-23 or 2023-24.
https://lao.ca.gov/LAOEconTax/Article/Detail/781

Cannabis Tax Revenue Update [EconTax Blog]

Aug 30, 2023 - AB 195 established a “baseline ” level of annual funding for these programs and included some mechanisms intended to maintain funding at the baseline. Most notably, AB 195 appropriated $150 million General Fund to backfill funding shortfalls if cannabis revenues came in lower than expected in 2022-23 or 2023-24.
https://lao.ca.gov/LAOEconTax/article/Detail/781

Assessing Early Implementation of Urban Water Use Efficiency Requirements

Jan 4, 2024 - Called on residents to voluntarily reduce water use by 15 percent (relative to 2020 levels) in summer 2021. 2022 Chapter 679 (SB 1157, Hertzberg) Made amendments to AB 1668, including tightening indoor residential water use standards used in water use objectives. 2023 Chapter 849 (AB 1572, Friedman) Prohibits use of potable water to irrigate nonfunctional turf on CII landscapes, phasing in the prohibition from 2027 to 2031.
https://lao.ca.gov/Publications/Report/4823

Increasing Transparency of County Office of Education Spending

Mar 14, 2024 - Chapter  32 established a requirement for county superintendents to prepare a summary of how the COE plans to assist all school districts within the county. The plan describes actions the COE will take in approving all LCAPs.
https://lao.ca.gov/Publications/Report/4883

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

The 2024-25 Budget: California Department of Corrections and Rehabilitation

Feb 22, 2024 - Background State Currently Operating 32 Prisons. As of January  17,  2024, CDCR was responsible for incarcerating a total of about 93,900   people —89 ,100  men, 4,200 women, and 600  nonbinary people.
https://lao.ca.gov/Publications/Report/4852

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees [Publication Details]

Feb 24, 2023 - The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees [Publication Details] Description: In this brief, we analyze the Governor's proposal to extend certain vehicle fees (known as "AB 8" fees) that fund clean transportation activities that are scheduled to sunset at the end of 2023.
https://lao.ca.gov/Publications/Detail/4708

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - Chapter  402 of 2022 (AB  1051, Bennett) changes the requirements around presumptive transfer of responsibility for specialty mental health service provision for foster youth placed in congregate care settings.
https://lao.ca.gov/Publications/Report/4812/4

The 2021-22 Budget: Extension of AB 8 Fees and Funding Securitization for Zero-Emission Vehicle Infrastructure [Publication Details]

Feb 16, 2021 - The 2021-22 Budget: Extension of AB 8 Fees and Funding Securitization for Zero-Emission Vehicle Infrastructure [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/4370