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Economy and Taxes (5)
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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - The Governor ’s budget proposes to extend the California Competes Tax Credit program in its current form for an additional five years through fiscal year 2032-33. Analysis Program Trends Award Characteristics Have Changed Over Time.
https://lao.ca.gov/Publications/Report/5162

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The F-statistic for this pair of regressors in the response equation generally is between 33 and 35, depending on the specification. The full-time median estimates in Figure  6 are the exception: when we limit the sample to full-time workers only, the F-statistic is around 22 to 23.
https://lao.ca.gov/Publications/Report/4878/4

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

Feb 28, 2023 - Tax and economic development lessons from state motion picture incentive programs. ” The American Review of Public Administration 48.1 (2018): 33 ‑51. Thom, Michael. “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).
https://lao.ca.gov/Publications/Report/4713

Income Mobility in California Across Generations

Jan 4, 2017 - The Chetty and Hendren data suggest that, nationally, 33 percent of those born in the bottom stay there while 35 percent of those born at the top stay there. Some researchers have referred to this phenomenon as “stickiness” at the ends of the income distribution.
https://lao.ca.gov/Publications/Report/3518

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Voters approved the amendment (Proposition  33), and shortly thereafter the Legislature passed legislation that implemented the program expansion. Legislature Suspended PTP in 2009. The state continued operating the program for a few decades until it faced budget deficits following the financial crisis in 2008.
https://lao.ca.gov/Publications/Report/3885