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Economy and Taxes (2)
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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - This is especially consistent with the 20 18 changes, since professional service firms tend to be classed as “non-tradeable, ” meaning they are often already required to locate near their customer base, and thus tax incentives are unlikely to influence their decision to locate in California.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - In particular, state law directs our office to report on the annual state costs for new mandates and make recommendations to the Legislature as to whether the new mandates should be (1)  repealed (permanently eliminating it or making it optional), (2)  suspended (rendering it inoperative for one year), (3)  modified, or (4)  funded.
https://lao.ca.gov/Publications/Report/5130