The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Expanded Credit Pool Has Pros and Cons. On one hand, there is a clear strategic benefit to allowing the credit pool to increase beyond the baseline allocation: Changing macroeconomic conditions over the course of the business cycle means that there are years when businesses are more inclined to invest and expand operations than in other years.
https://lao.ca.gov/Publications/Report/5162