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Economy and Taxes (3)
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Results in Economy and Taxes from the past 5 years


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Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Version 4.0 of the credit will begin in July  2025, is scheduled to sunset in 2030, and notably introduces the ability for the credit to be refundable. Diversity Provisions Introduced in 2020. Version 3.0 of the credit, which began in 2020 and runs through June 2025, requires applicants to provide (1)  statistics on the gender, ethnic, and racial makeup of their workforce, and
https://lao.ca.gov/Publications/Report/5036

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - Second, the state ’s cap ‑and ‑trade program sets a limit on GHG  emissions across various sectors through 2030. If this emissions cap turns out to be binding, then any increase in GHG emissions from transportation fuels will be offset by an equal reduction in GHG emissions from other sources subject to the cap.
https://lao.ca.gov/Publications/Report/4528

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - The Governor proposed to extend the film tax credit an additional five years, from July 2025 to June 2030. The annual allocation would remain $330  million. Make Credit Refundable, but With Restrictions.
https://lao.ca.gov/Publications/Report/4713