The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Over 1,200 credit agreements have been approved by GO-Biz since the program ’s inception. Fiscal Effect of Program Is Variable. Figure  1 shows the value of credits claimed each year since the program ’s inception in 2014.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - Chapter  712 required property owners to request a deferment from the county within one year of receiving their first tax bill for the property, but before January 1, 2024. Additionally, Chapter  712 required Los Angeles County to print a disclosure on tax bills that provides a “brief summary ” of both the property tax relief under Proposition  19 and Chapter  712 ’s property tax deferment provisions.
https://lao.ca.gov/Publications/Report/5130

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

Feb 23, 2026 - This law will raise the annual license fee from $265 to $450 on July 1, 2026. It also authorized CDTFA to make further fee adjustments to cover program costs. Governor ’s Proposals The January Governor ’s budget includes three proposals for CDTFA ’s cannabis and tobacco programs: Cannabis Tax Compliance and Enforcement.
https://lao.ca.gov/Publications/Report/5132