The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Namely, those tax credits could have been awarded to another applicant who would have been more likely to achieve their milestones. However, as we discuss next, this has not been the case in the last few years of the program.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2025 - Additionally, Chapter  231 requires DOJ provide CDTFA with the names and business locations of all firearm dealers, firearm manufacturers, and ammunition vendors at least quarterly to administer the tax.
https://lao.ca.gov/Publications/Report/4970

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

Feb 28, 2025 - Two notable events account for the volatility seen in Figure  3, namely COVID ‑19 and the 2023 SAG ‑AFTRA and Writer ’s Guild of America strikes, which coincide with the sharp decreases observed in 2020 and 2023 respectively.
https://lao.ca.gov/Publications/Report/5000

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

Mar 18, 2025 - California Competes grants address a valid limitation of the tax credit, namely that some competitive investments in the state may be lost due to an applicant ’s lack of tax liability. Businesses that cannot utilize nonrefundable tax credits, but are candidates for a grant, typically fall into one of two categories.
https://lao.ca.gov/Publications/Report/5018

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - For each employer in the last 18 months, workers must report: employer name, address, and telephone number; start date and end date; whether paid weekly, bi ‑weekly, or monthly; total wages paid; and hours worked per week.
https://lao.ca.gov/Publications/Report/4615