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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 - Direct the administration to make any future adjustments needed to support the program without spending any money from the General Fund. Reduce CDTFA ’s General Fund appropriation by the amount of the department ’s annual General Fund spending on the Cannabis Tax Program (as these funds clearly are not needed).
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - More specifically, the objective of the program is to influence a business ’s decision to make investments in California that would have been made in another state, or not at all, absent the credit. GO-Biz negotiates individual agreements with each successful applicant, including year-by-year milestones and corresponding credit allocations.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - In particular, state law directs our office to report on the annual state costs for new mandates and make recommendations to the Legislature as to whether the new mandates should be (1)  repealed (permanently eliminating it or making it optional), (2)  suspended (rendering it inoperative for one year), (3)  modified, or (4)  funded.
https://lao.ca.gov/Publications/Report/5130