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

Feb 23, 2026 - The flavor ban and hemp ‑derived cannabinoid laws add to CDTFA ’s enforcement costs in several ways. For example, they make inspections more complex; make citations and seizures more likely; and raise projected costs for transporting, storing, and destroying seized products.
https://lao.ca.gov/Publications/Report/5132

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

Mar 18, 2025 - To increase transparency, we recommend the Legislature add explicit requirements to assess a grant applicant ’s inability to use tax credits. These requirements could include factors like the age of the business for startups or documentation of a lack of tax liability in previous years for more established firms.
https://lao.ca.gov/Publications/Report/5018

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

Feb 20, 2024 - The administration ’s stated purpose for the proposal is to add to ISRF ’s cash on hand, which they say would allow them to sell more revenue bonds with favorable terms. LAO Analysis Fiscal Situation Necessitates New Spending Clear a High Bar.
https://lao.ca.gov/Publications/Report/4846

Fixing Unemployment Insurance

Dec 2, 2024 - Anticipated annual shortfalls will add to the state ’s looming $20  billion outstanding federal UI  loan. We expect the loan to grow by billions of dollars before federal surcharge UI taxes are high enough for the state and employers to begin making progress toward repaying the  loan.
https://lao.ca.gov/Publications/Report/4943

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - (This would add to the double ‑digit budget problem for 2024 ‑25 already projected under both our and the administration ’s estimates, as we describe below.) LAO Spending Estimates Over $10   Billion Higher Than the Administration by 2026 ‑27.
https://lao.ca.gov/Publications/Report/4772

The 2018-19 Budget: The Administration's Proposition 55 Estimates in the May Revision

May 22, 2018 - Proposition  55 adds that currently authorized services must be interpreted as those that were “currently authorized ” as of January 1, 2016. The Administration Continues to Identify a Deficit Under Calculation.
https://lao.ca.gov/Publications/Report/3844

The 2018-19 Budget: California Competes Proposal

Feb 21, 2018 - For, example, it proposes to add the following language to current law regarding the factors GO-Biz may consider when awarding tax credits: The extent to which the credit will influence the taxpayer ’s ability or willingness, or both, to create jobs in this state that might not otherwise be created in this state by the taxpayer or any other taxpayer.
https://lao.ca.gov/Publications/Report/3759

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

Feb 28, 2023 - Further, these flexibilities add to the administrative complexity of the credit. For this reason, we suggest eliminating these flexibilities if the credit is made refundable. Conclusion Despite years of competition from other states, Hollywood remains the center of the U.S. motion picture industry.
https://lao.ca.gov/Publications/Report/4713

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - Proposed Reporting Requirements Add Little Value. The proposal would require FTB to report the number of first ‑year businesses claiming the exemption, including corporations. The Department of Finance (DOF) already is required to report this information in its annual tax expenditure report.
https://lao.ca.gov/Publications/Report/4207

Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - In particular, if the Legislature views some aspects of the CAEATFA exemption favorably, it could add those features to the partial exemption. Such changes could include: Make Program More Transparent.
https://lao.ca.gov/Publications/Report/3907