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Economy and Taxes (2)
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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Credit Pool Has Ballooned to over $923  million for the Current Year. Consistently high recapture rates combined with a lower than usual award volume over the last few years has led to the rapid growth of the credit pool that now stands at $923  million.
https://lao.ca.gov/Publications/Report/5162

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

Feb 23, 2026 - Actual spending on the Tobacco Licensing Program declined from $9.1  million in 2021 ‑22 to $6.9  million in 2024 ‑25, while actual spending on the Cannabis Tax Program grew from $8.4  million in 2021 ‑22 to $16.2  million in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5132