The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Agreements last for five years, by which time all employment and investment milestones must be achieved to claim the full credit amount. In addition, these milestones must be maintained for a further three years.
https://lao.ca.gov/Publications/Report/5162

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

Feb 23, 2026 - On some level, this is intr iguing: why not allocate program costs to all funds that benefit, regardless of whether those benefits are direct or indirect? In practice, allocating tax and fee program costs based on indirect benefits can create several problems: The spillover effects of each program on all other programs can be very difficult to quantify credibly.
https://lao.ca.gov/Publications/Report/5132