Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The definition of DEIA adopted by the CFC and in the California Code of Regulations includes a commitment to provide equitable access to opportunities on the basis of a wide range of protected classes.
https://lao.ca.gov/Publications/Report/5036

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The main exception is that high wages are top-coded: all wages above a certain amount are assigned the same value. In high-wage states like California, top-coding seriously hinders analyses that consider the upper portion of the wage distribution.
https://lao.ca.gov/Publications/Report/4878/4

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - For example, the economic benefit from a bridge replacement project that requires buying steel components sourced from another country might be lower than expected if the estimates had assumed unadjusted average construction industry multipliers.
https://lao.ca.gov/Publications/Report/4331

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - We then compared the income growth of residents of zip codes that received investment to the income growth of residents in comparable zip codes that did not receive investment (using a statistical method known as difference in differences).
https://lao.ca.gov/Publications/Report/4038

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - Government Code allows the State Public Works Board to augment the costs of major capital outlay projects by up to 20 percent with legislative notification. Larger augmentations require legislative approval.
https://lao.ca.gov/Publications/Report/4647

Tax Expenditure Reviews [Publication Details]

Nov 16, 2007 - Tax Expenditure Reviews [Publication Details] HTML Description: Tax expenditure programs (TEPs) are features of the tax code—including credits, deductions, exclusions, and exemptions—that enable a targeted set of taxpayers to reduce their taxes relative to what they would pay under a “basic” tax-law structure.
https://lao.ca.gov/Publications/Detail/1684

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - Federal EITC The federal EITC is a provision of the federal income tax code that allows filers with total income below a certain level to reduce their tax liability by an amount that depends on their earnings from paid work or self-employment.
https://lao.ca.gov/Publications/Report/4410

Common Claims About Proposition 13

Sep 19, 2016 - Figure  10 shows new business filings (registration of new business entities with the Secretary of State) by zip code for these three counties. The figure compares zip codes with more long –tenured businesses ( “area with longest commercial property tenure ”) to zip codes with fewer long –tenured businesses ( “areas with shortest commercial property tenure ”).
https://lao.ca.gov/Publications/Report/3497

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

Feb 28, 2023 - Note: This report was prepared in fulfilment of the reporting requirement of Revenue and Taxation Code 38.9(a). Bradbury, John Charles. “Can movie production incentives grow the economy? Evidence from Georgia and North Carolina. ” Evidence from Georgia and North Carolina (August 4, 2019) (2019).
https://lao.ca.gov/Publications/Report/4713

The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion

May 14, 2018 - The U.S. tax code has long included an EITC. In 2015, when California created the state EITC, it was designed to supplement the federal EITC for those working individuals and families whose incomes were relatively low.
https://lao.ca.gov/Publications/Report/3835