The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Of the $1.2  billion in awards made between 2021 and 2025, around $650  million, or over half, has been allocated to businesses in advanced manufacturing. This category covers subsectors such as electronics and semiconductors, aerospace, battery technology, and biotechnology.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Actual spending on the Tobacco Licensing Program declined from $9.1  million in 2021 ‑22 to $6.9  million in 2024 ‑25, while actual spending on the Cannabis Tax Program grew from $8.4  million in 2021 ‑22 to $16.2  million in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5132

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2022 - As shown in Figure  1, licensees donated a wide variety of products in 2021. Figure 1 Amounts of Products Donated Under SB 34 Exemption in 2021 Product
https://lao.ca.gov/Publications/Report/4608

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - The 2021 provision also includes an income limit, as the credit percentage phases down again for filers with income over $400,000. Credit Will Be Refundable for 2021. The ARP makes the credit fully refundable for tax year 2021.
https://lao.ca.gov/Publications/Report/4410

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - The 2020 ‑21 Budget Act assumes this change will increase General Fund revenues by $12  million in 2020 ‑21 and $24  million in 2021 ‑22. Extends Sales Tax Exemption for Diaper and Menstrual Products.  
https://lao.ca.gov/Publications/Report/4270

The 2020-21 Budget: California Department of Tax and Fee Administration (CDTFA)

Mar 20, 2020 - A reduction of $1.1 million in 2020-21 and 2021-22 and $0.9 million in 2022-23 and ongoing from various funds —primarily the General Fund and reimbursements from local governments. Tobacco Tax Proposal.
https://lao.ca.gov/Publications/Report/4205

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - Since the flavor ban, however, revenues have declined much faster, from $1.84  billion in 2021-22 to $1.6  billion in 2022-23, then to $1.35  billion in 2023-24 (not including the new tax on electronic cigarettes).
https://lao.ca.gov/Publications/Report/4966

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Chapter  114 of 2021 (S B  144 , Portantino) required our office to issue a report summarizing the workforce diversity information collected by the California Film Commission (CFC) and evaluate the effectiveness of the tax credit for increasing diversity.
https://lao.ca.gov/Publications/Report/5036

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - The 2021 budget package also included an allocation of $150  million in film tax credits for productions that are filmed at new or renovated soundstages. The credits are available for productions in 2022 through 2032.
https://lao.ca.gov/Publications/Report/4713

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - In 2021 ‑22, the tax rates are 51.1  cents per gallon on gasoline and 38.9 cents per gallon on diesel. (We provide additional information about gasoline taxes at https://lao.ca.gov/Transportation/FAQs .)
https://lao.ca.gov/Publications/Report/4528