The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Recaptured and Unallocated Credits Can Be Recycled for Future Years. Although the current baseline allocation for the program is $180  million per fiscal year, the actual value of credits available to be allocated can be enhanced in two main ways: First, credits that are recaptured can be reallocated in future years.
https://lao.ca.gov/Publications/Report/5162

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

Feb 23, 2026 - 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