The 2022-23 Budget: Temporary Limits on Business Tax Provisions [Publication Details]

Jan 26, 2022 - This 2022-23 budget post provides background on temporary limits on the use of net operating loss deductions and business tax credits. It describes the Governor’s proposal to lift these limits one year early and provides some comments to the Legislature.
https://lao.ca.gov/Publications/Detail/4500

The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Jan 26, 2022 - This 2022-23 budget post provides background on temporary limits on the use of net operating loss deductions and business tax credits. It describes the Governor’s proposal to lift these limits one year early and provides some comments to the Legislature.
https://lao.ca.gov/Publications/Report/4500

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

Mar 18, 2025 - GO-Biz selects applicants via a competitive application process and negotiates individual agreements with each successful applicant, including year-by-year milestones an d corresponding credit allocations.
https://lao.ca.gov/Publications/Report/5018

Fixing Unemployment Insurance

Dec 2, 2024 - When first established, the state was toward the bottom of the schedules (Schedule D) —corresponding to relatively high rates —and had a sizable reserve for the time. 1984 Legislation Also Put Forth State ’s Current Experience Rating System.
https://lao.ca.gov/Publications/Report/4943

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

Feb 28, 2023 - ., and Adam D. Rennhoff. “Motion picture production incentives and filming location decisions: a discrete choice approach. ” Journal of Economic Geography 20.3 (2020): 679 ‑709. Rickman, Dan, and Hongbo Wang.
https://lao.ca.gov/Publications/Report/4713

An Overview of California’s Research and Development Credit [Publication Details]

Nov 30, 2003 - Economic theory suggests that without some form of subsidy, overall research and development (R&D) spending in society would be lower than the economically optimal level. A strong case can be made that such a subsidy is appropriate at the federal level. However, we are not aware of economic evidence which, on balance, justifies a state credit in addition to the federal credit.
https://lao.ca.gov/Publications/Detail/1064

An Update on California’s Cash Management Situation

Aug 31, 2020 - In addition, the state must plan when these expenditures an d revenues will occur. The timing of these —expenditure disbursements and revenue receipts —comprise the state ’s cash position. In this report, we described the state’s cash management practices in much more detail.
https://lao.ca.gov/Publications/Report/4266

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

Feb 15, 2022 - Without a clear understanding of how much funding the state is eligible for, an d for what types of projects, it is difficult to ascertain how state funding can best complement federal funds and how state funds could be leveraged to maximize federal funds.
https://lao.ca.gov/Publications/Report/4540

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - The extent of this effect, however, will d epend on past home price appreciation in the community. The largest boost in revenues will come in communities where home prices have risen the most in past years.
https://lao.ca.gov/Publications/Report/3693

Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - As discussed above, the CAEATFA exemption overlaps heavily with another program —the partial exemption for manufacturing, R &D, and electricity ‑related equipment. We do not see a need for the state to administer two separate programs that provide similar benefits.
https://lao.ca.gov/Publications/Report/3907