The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - The Governor ’s budget proposes to extend the California Competes Tax Credit program in its current form for an additional five years through fiscal year 2032-33. Analysis Program Trends Award Characteristics Have Changed Over Time.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

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

Feb 23, 2026 - These costs could take the form of lower spending on other programs or higher taxes or fees. For example, if CDTFA spends all of the money that the Governor has proposed, the department might need to raise tobacco r etail license fees as soon as 2027 ‑28.
https://lao.ca.gov/Publications/Report/5132