Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2025 - The data come from the state ’s Metrc “track and trace ” system for licensed cannabis. In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2023.
https://lao.ca.gov/Publications/Report/5059

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Overview of Diversity Efforts in the Film Tax Credit Program Introduction In recent years, the Legislature has modified the state ’s film tax credit in an effort to increase the diversity of the motion picture workforce.
https://lao.ca.gov/Publications/Report/5036

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

Mar 18, 2025 - In this fiscal context, we recommend that the Legislature apply a very high bar for new industry support —and, more generally, any new spending outside of the state ’s core responsibilities. As we understand it, the main rationale for state support for the semiconductor industry would be the potential economic benefits for the state.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - State Incentives Typically Do Not Pay for Themselves. Film tax credits generally have a negative overall effect on state revenues. Evidence from academic research and state evaluations in places such as Georgia and New York find that every $1 of credit allocated returns significantly less than $1 in state revenue.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - BSCC = Board of State and Community Corrections; CDE = California Department of Education; JC = Judicial Council; DOJ = Department of Justice; and OES  =  Governor ’s Office of Emergency Services. Chapter  231 Requires Start-Up Loan for CDTFA.
https://lao.ca.gov/Publications/Report/4970

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - The Cigarette and Tobacco Licensing Program monitors tobacco retailers for compliance with various state laws. This fee-funded program is a key element of the Master Settlement Agreement that California and 45 other states reached with the four largest cigarette manufacturers in 1998.
https://lao.ca.gov/Publications/Report/4966