Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - Provisions of Proposition  2 Key Provisions of Proposition  2. Proposition  2 requires the state to make: (1) minimum annual payments toward certain eligible debts (until 2029 ‑30) and (2) deposits into the state ’s rainy day fund.
https://lao.ca.gov/Publications/Report/3727

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Either these agencies must ramp up ZEB purchases substantially, or they must qualify for one of the ICT exemptions described in the “Background ” section. Some transit agencies, on the other hand, are on pace to convert their bus fleets entirely to ZEBs far ahead of the ICT deadlines.
https://lao.ca.gov/Publications/Report/4890

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

Feb 15, 2022 - Short ‑Term vs. Long ‑Term Strategies. The  current supply chain disruptions are the result of both short ‑term issues, such as greater consumer demand, as well as long ‑term issues, such as the capacity and resilience of the goods movement system.
https://lao.ca.gov/Publications/Report/4540

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

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Firms earning over 50  percent of their total income from a list of “qualified business activities ” (QBA) are subject to a different apportionment method that includes the location of their sales, payroll, and property.
https://lao.ca.gov/Publications/Report/5081/

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Industry Building Capacity: helping to increase an inclusive and qualified workforce and qualified vendor and supplier base in all areas that contribute to motion picture production in California. Supplier Diversity: contracting with qualified vendors, including but not limited to catering companies, accounting firms, equipment rentals, and
https://lao.ca.gov/Publications/Report/5036

The 2018-19 Budget: California Hiring Tax Credits

Mar 15, 2018 - If the qualified employee works 2,000 hours in a given year, the taxpayer could claim a credit of $2, 450 o n their qualified wages of $7,000. This works out to 6. 1  p ercent of the $40, 000 i n total wages paid to the employee.
https://lao.ca.gov/Publications/Report/3784

Assessing Recent Changes to California Competes

Mar 30, 2020 - Qualified Small Businesses Appear to Be Competitive. Before the program was changed in 2018, 25  p ercent of the credits were set aside for small businesses —defined as having annual revenue below $ 2  m illion.
https://lao.ca.gov/Publications/Report/4213

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

Mar 18, 2025 - These applications were rejected because they were judged to be less qualified than selected grantees based on the legally required selection criteria. While it could be reas onable to reconsider these in a new round of funding, CalOSBA should not prioritize these grantees unless they believe they are more qualified than new applicants or first round grantees.
https://lao.ca.gov/Publications/Report/5018

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

Feb 28, 2023 - This amount is less than expected because some productions (1)  were never made, (2)  did not complete production on time, or (3)  spent less on qualified expenses than anticipated. Most Credits Issued Under First Film Credit Have Been Claimed.
https://lao.ca.gov/Publications/Report/4713