LAO Publications

LAO Publications HTML November 16, 2007 - Tax expenditure programs (TEPs) are features of the tax code—including credits, deductions, exclusions, and exemptions—that enable a targeted set of taxpayers to reduce their taxes relative to what they would pay under a “basic” tax-law structure.
https://lao.ca.gov/publications?page=35&year=0&productid=7&categoryid=0

LAO Publications

In so doing, we have applied the same approach as with direct spending progra ms--that is, we have examined tax-related provisions referred to as tax expenditure programs (TEPs)--and recommended changes to those that are not achieving their stated purposes o r are of a lower priority.
https://lao.ca.gov/publications?page=198&year=0&publicationType=0

LAO Publications

In so doing, we have applied the same approach as with direct spending progra ms--that is, we have examined tax-related provisions referred to as tax expenditure programs (TEPs)--and recommended changes to those that are not achieving their stated purposes o r are of a lower priority.
https://lao.ca.gov/Publications?page=198&year=0&publicationType=0

^[PDF] Local Government Property Tax Transfers

Analysis of the 1991-92 Tax Expenditure Budget: Overview and Detailed Compendium of Individual Tax Expenditure Programs (May 1991), Report No. 91-4. State Spending Plan for 1991-92: The 1991 Budget Act and Related Legislation (September 1991), Report No. 91-5.
https://lao.ca.gov/1993/reports/local_gov_prop_tax_transfer_151_0293.pdf

^[PDF] Summary: LAO Alternative Budget, Revenue-Related Proposals

Summary: LAO Alternative Budget, Revenue-Related Proposals 1L e g i s L a t i v e a n a L y s t ’ s O f f i c e June 2, 2008 Summary: LAO Alternative Budget Revenue-Related Proposals 2008-09 (In Billions) Tax expenditure changes $3.3 ; Lottery securitization 2.8 ; Limited liability companies payment date 0.4 ; Tax gap efforts 0.2 ; Special fund
https://lao.ca.gov/handouts/FO/2008/060208_SBFR_Hearing.pdf

STATE REVENUES

State Tax Expenditures are Over One-Third of Direct Expenditures Tax expenditure programs (TEPs) are the various tax exclusions, exemptions, preferential tax rates, credits, and deferrals which reduce the amount of revenues collected from the s tate's "basic " tax structure.
https://lao.ca.gov/1995/010195_calguide/cgsbud2.html

^[PDF] Creation of a "Tax

Creation of a "Tax Expenditure". In addition to its potential impact on California's revenue sharing alloca- tion, the accounting procedure which would be utilized by the proposed homeowners' tax credit has another potential drawback.
https://lao.ca.gov/analysis/1979/12_tax_relief_1979.pdf

^[PDF] California's Tax Expenditure Programs: Other State Taxes

California's Tax Expenditure Programs: Other State Taxes Flat Tax Rate for Liquified Petroleum Gas And Natural Gas Fuels . . . . . . . . . . . . . 273 Insurance Tax Employee Pension and Profit Sharing Plans . . . . . . . . . . . . . . . . . . . . . . . . . . 274 Fraternal Benefit Societies . . . . . . . . . . . .
https://lao.ca.gov/1999/tax_expenditure_299/tep_299_other_tax.pdf

^[PDF] The Governor's Budget for 1984-85

UNFORTUNATELY, FOR WHATEVER REASON , THE DEPARTMENT OF FI NANCE HAS CHOSEN NOT TO PROVIDE DATA ON TAX EXPEND ITURES IN 1984-85, SO I CA~NOT TELL YOU WHETHER THIS DI SPARITY STILL · EXISTS . I CAN TELL YOU, HOWEVER, THAT BETWEEN 1981-82 AND 1983-84, TAX EXPENDITURES INCREASED BY 22.3 PERCENT, WHILE DIRECT GENERAL FUND EXPENDITURES INCREASED BY 4.4 PERCENT.
https://lao.ca.gov/reports/1984/the_governors_budget_for_1984-85.pdf

California's Tax System: A Primer, Chapter 2

The PIT's tax brackets and certain credits and deductions are indexed annually to offset the impacts of inflation. There are approximately 85 PIT-related tax expenditure programs (TEPs), the sum of which totaled about $20 billion in 2000-01.
https://lao.ca.gov/2001/tax_primer/0101_taxprimer_chapter2.html