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Economy and Taxes (3)
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The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Our key findings and recommendations are: The state faces significant cannabis and tobacco compliance problems. Accordingly, we recommend that the Legislature approach the Governor ’s proposals not as one ‑time workload adjustments, but as components of a broader, more sustained effort to address these policy challenges.
https://lao.ca.gov/Publications/Report/5132

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

Feb 19, 2026 - LAO Comments Repeal Ongoing Aspect of Mandate by Eliminating Printing Requirement … We recommend the Legislature remove the disclosure requirement in Chapter  712, which would have the effect of repealing the mandate (and mandate costs) going forward.
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Recommendations Approve Extension of California Competes. The program is conceptually well structured and has recent empirical evidence supporting the idea that the credit is leading to a net increase in jobs in the state.
https://lao.ca.gov/Publications/Report/5162