Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - Be Cautious of Unintended Interactions. Unintended interactions between a new stimulus program and other federal, state, and local programs can reduce its effectiveness. Policymakers should carefully consider these potential interactions.
https://lao.ca.gov/Publications/Report/4331

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - California Hope, Opportunity, Perseverance, and Empowerment (HOPE) for Children Trust Account Program Transfers $40  Million from Fund Providing Investment Accounts for Foster Youth to General Fund. The 2022-23 budget provided $100  million and $15  million ongoing to the California HOPE for Children Trust Account Fund.
https://lao.ca.gov/Publications/Report/5081/

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

Mar 18, 2025 - To understand program impacts and to prioritize future investments, employm ent opportunities can be randomly offered to eligible participants when there are more candidates than jobs available. Using program and state administrative data, third-party evaluators can then follow both participants and randomly rejected candidates to determine whether the program improves outcomes.
https://lao.ca.gov/Publications/Report/5018

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - Other units assist international investors, help businesses obtain information about business permits , administer the California Competes Tax Credit Program, and administer the Cannabis Local Equity Grant Program.
https://lao.ca.gov/Publications/Report/4529

Assessing Recent Changes to California Competes

Mar 30, 2020 - Added Factor to Consider Job Training Opportunities. GO ‑Biz may consider the job training opportunities offered by applicants in awarding credits. Eliminated Small Business Set Aside. A prior requirement that 25  p ercent of the credits be reserved for small businesses —defined as having under $ 2  m illion in annual revenue —was eliminated.
https://lao.ca.gov/Publications/Report/4213

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - “Interactive: Comparing Wages Within and Across Demographic Groups in the United States. ” Washington Center for Equitable Growth. Dey, Matthew, Elizabeth Weber Handwerker, David Piccone Jr., and John Voorheis (2022).
https://lao.ca.gov/Publications/Report/4878/3

Updating the California Necessities Index

Aug 14, 2025 - Further, the difference between the CNI and the CA CPI ‑U and CA CPI ‑W is often large. Figure  2 shows differences between the proposed measures in each year since 1978. In about half of years, the CNI differed from the CA CPI ‑U and the CA CPI ‑W by at least 1  percentage point.
https://lao.ca.gov/Publications/Report/5065

Fixing Unemployment Insurance

Dec 2, 2024 - Repay the outstanding federal loan immediately by using new borrowing, split evenly between: (1) a revenue bond to be repaid by employers, and (2) Pooled Money Investment Account borrowing to be paid by the state ’s General Fund.
https://lao.ca.gov/Publications/Report/4943

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The definition of DEIA adopted by the CFC and in the California Code of Regulations includes a commitment to provide equitable access to opportunities on the basis of a wide range of protected classes.
https://lao.ca.gov/Publications/Report/5036

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Interaction Between Suspending NOLs and Limiting Credits.  Some corporations have both NOLs and credits. If the state restricts the use of one, such corporations will increase the use of the other. For this reason, placing limits on both NOLs and credits results in a larger revenue effect than limiting just one or the other.
https://lao.ca.gov/Publications/Report/4270