The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Notably, however, the federal administration already has tried to cut some spending that meets these criteria. In this environment, this proposal ’s heavy dependence on federal funding makes its prospects uncertain.
https://lao.ca.gov/Publications/Report/5018

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - While both proposals offer some potential benefits, these benefits are insufficient to warrant new General Fund spending at a time when the state faces a significant budget problem and may need to consider consequential spending cuts in other areas of the budget.
https://lao.ca.gov/Publications/Report/4846

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - If not, the two main alternatives are (1)  a statutory increase in licensing fees, or (2)  cuts to other aspects of the licensing program. Proposal Heightens Concerns About Hiring and Retaining Inspectors.
https://lao.ca.gov/Publications/Report/4966

The 2017-18 Budget: An Overview of the Governor's Proposition 56 Proposals

Feb 22, 2017 - Proposition  10 stipulated, “no monies from [Proposition  10] shall be used to supplant state or local General Fund money for any purpose. ” The court found that transferring funds from Proposition  10 to avoid cuts in Medi ‑Cal was “disingenuous. ” Under that rationale, the court stated that “the state could cut Medi ‑Cal funding entirely and replace it with all
https://lao.ca.gov/Publications/Report/3573

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Suppose, hypothetically, that the Legislature had cut the tax rate instead of holding it fixed. Additionally, suppose that this tax cut reduced 2019 r evenue, making it 25  p ercent lower than it would have been otherwise.
https://lao.ca.gov/Publications/Report/4125

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

Feb 28, 2023 - “Time to yell “cut? ” An evaluation of the California Film and Production Tax Credit for the motion picture industry. ” California Journal of Politics and Policy 10.1 (2018). Thom, Michael. “Do state corporate tax incentives create jobs?
https://lao.ca.gov/Publications/Report/4713

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - A December 2017 federal law (known as the Tax Cuts and Jobs Act) established new tax benefits to encourage investment in certain economically distressed areas —called Opportunity Zones. States had discretion to identify Opportunity Zones based on federal guidance.
https://lao.ca.gov/Publications/Report/4038

Building Reserves to Prepare for a Recession

Mar 7, 2018 - These actions include spending cuts, revenue increases, and cost shifts. Together, the sum of all these responses equals the size of the budget problem. Reserves This Year Governor Proposes Nearly $16   Billion in Reserves.
https://lao.ca.gov/Publications/Report/3769

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - GO ‑Biz has a cross ‑cutting coordination role for the state ’s key economic issues but has limited expertise in technical goods movement issues. Retail Theft Grants This item is part of a larger Public Safety package.
https://lao.ca.gov/Publications/Report/4529

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - GO‑Biz has a cross‑cutting coordination role for the state’s key economic issues but has limited expertise in technical goods movement issues. CalSTA or the Office of Freight Planning in the California Department of Transportation might be better suited to effectively administer the grant program.
https://lao.ca.gov/Publications/Report/4540