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: 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

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 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 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - AB 8 = Chapter 401 of 2013 (AB 8, Perea); AQIP = Air Quality Improvement Program; CTP = Clean Transportation Program; and EFMP = Enhanced Fleet Modernization Program. Governor’s Proposal Proposes Reauthorization of Vehicle Fees Set to Expire.
https://lao.ca.gov/Publications/Report/4708

California’s Cap-and-Trade Program: Frequently Asked Questions

Oct 24, 2023 - For example, in 2017, AB  398 added the requirement that half of eligible offsets for the program be from projects that provide direct environmental benefits in California. What Will Happen to the Program After 2030?
https://lao.ca.gov/Publications/Report/4811

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

Taxing very high-income taxpayers and dedicating revenues to pandemic prevention. [Ballot]

Nov 5, 2021 - The measure would establish a 0.75 percent tax on individuals with incomes over $5 million for the ten-year period of 2023 through 2032. The revenues generated by the tax would be deposited into new special funds and dedicated entirely to a newly established institute and two other allowable purposes, all related to pandemic detection, prevention, and mitigation.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-022

Assessing California's Climate Policies—The 2022 Scoping Plan Update [Publication Details]

Jan 4, 2023 - This brief evaluates the California Air Resources Board's plan for achieving statewide 2030 greenhouse gas reduction goals.
https://lao.ca.gov/Publications/Detail/4656