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

Mar 18, 2025 - As a point of comparison, more than 50  percent of tax credits awarded are either never claimed or later recaptured, so we expect a nontrivial fraction of grant awards will not be claimed. Governor ’s Proposal $60  Million for California Competes Grants.
https://lao.ca.gov/Publications/Report/5018