The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - All three of these changes could have contributed to the trend shown in Figure  2 if (1)  The 25  percent rule was favoring smaller businesses above better-qualified applicants from larger firms, (2)  larger businesses provide better evidence on how the credit affects their decision-making, and (3)  larger firms are more likely to have, or participate in, job training programs.
https://lao.ca.gov/Publications/Report/5162

Community Land Trust Property Tax Exemption

Dec 20, 2024 - Chapter  636 of 2022 (AB  1206, Bennett) modified the rules community land trust properties must meet to qualify for the property tax exemption, making it easier for properties to maintain their exemption when low-income residents experience a modest gain in income.
https://lao.ca.gov/Publications/Report/4946

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - Simplifies Tax Accounting Rules for Small Businesses. State and federal tax laws include specific accounting rules businesses must use to calculate their income and deductions. However, small businesses are exempt from following many of these rules.
https://lao.ca.gov/Publications/Report/4100

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - For claims denied because an eligible worker did not follow EDD rules, reevaluate rules to make sure benefits outweigh costs. Give UI appeals board authority and staff to correct state practices that make it difficult to get UI benefits.
https://lao.ca.gov/Publications/Report/4615

Do Communities Adequately Plan for Housing?

Mar 8, 2017 - Zoning rules determine the size of a community ’s housing stock by dictating how many sites housing can be built on and at what densities. Zoning rules, therefore, must allow for new housing on a sufficient number of sites and at sufficient densities if a city or county is to meet its community ’s housing needs.
https://lao.ca.gov/Publications/Report/3605

The Property Tax Inheritance Exclusion

Oct 9, 2017 - Special Rules for Inherited Properties. While most properties ’ tax bills go up at the time of transfer, three decades ago the Legislature and voters created special rules for inherited properties. These rules essentially allow children (or grandchildren) to inherit their parent ’s (or grandparent ’s) lower property tax bill.
https://lao.ca.gov/Publications/Report/3706

The 2019-20 Budget: Tax Conformity

Mar 6, 2019 - State and federal tax laws include specific accounting rules to calculate business income and deductions. These rules vary somewhat among individuals and different types of businesses. Federal and state rules also differ.
https://lao.ca.gov/Publications/Report/3959

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

Mar 18, 2025 - Additionally, the administration proposes removing a rule that prohibits awarding more than 30  percent of total grants to a single applicant. Analysis Grants Address Limitation of Current Tax Credit.
https://lao.ca.gov/Publications/Report/5018

Review of the California Competes Tax Credit

Oct 31, 2017 - Exceptions to such a rule should be very limited —for example, to California businesses with very strong prospects for using their tax savings to fund an expansion of sales to out ‑of ‑state customers.
https://lao.ca.gov/Publications/Report/3709

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Evaluating Changes Made in Program 4.0 New Diversity Rules Provide a More Credible Incentive for Applicants. Compared to the version 3.0 diversity requirements, the upcoming changes in version 4.0 represent a more significant incentive for production companies to engage in DEIA activities, since 4  percent of the total credit is contingent on enacting and documenting specific initiatives.
https://lao.ca.gov/Publications/Report/5036