The 2017-18 Budget: California Competes Tax Credit

Feb 27, 2017 - Chapter 69 of 2013 (AB 93, Committee on Budget) eliminated state economic development programs known as Enterprise Zones and replaced them with several new economic development programs. One such program —the California Competes tax credit —provides tax credits to select businesses on a case-by-case basis.
https://lao.ca.gov/Publications/Report/3586

Common Claims About Proposition 13

Sep 19, 2016 - Particularly, per –person own –source revenue across all local governments in the country increased 69  percent from 1977 to 2013. The slower growth in California is somewhat unsurprising given California had above average per –person revenues in 1977.
https://lao.ca.gov/Publications/Report/3497

The 2018-19 Budget: California Hiring Tax Credits

Mar 15, 2018 - When the existing credit was first proposed, the administration estimated that taxpayers would claim $ 22  m illion in the 2014 t ax year and $ 69  m illion in the 2015 t ax year. These estimates were much too high.
https://lao.ca.gov/Publications/Report/3784

Review of the California Competes Tax Credit

Oct 31, 2017 - Chapter 69 and Chapter  70 of 2013 (AB  93, Committee on Budget, and SB 90, Galgiani) eliminated EZs and replaced them with three new economic development programs: A partial sales tax exemption for purchases of certain manufacturing equipment.
https://lao.ca.gov/Publications/Report/3709

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - In 2016, 69 p roperties were approved for tax sale in Placer County, but 47 were redeemed or removed prior to the sale (for example, because the homeowner paid the taxes) and so only 22 were actually offered at the auction.
https://lao.ca.gov/Publications/Report/3885