Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2025 - As shown in Figure  1, licensees donated a wide variety of products in 2024. Figure 1 Amounts of Products Donated Under SB 34 Exemption in 2024 Product
https://lao.ca.gov/Publications/Report/5059

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - In 2019, the Governor vetoed SB  531 (Glazer), which would have enacted further restrictions. The veto message described these agreements as “an important local tool that captures additional economic activity, particularly in rural and inland California cities that continue to face significant economic challenges like high unemployment rates. ” 2024 Law Requires Disclosure of Local Sales Tax Rebates.
https://lao.ca.gov/Publications/Report/5074

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Under AB  784, the exemption would have ended on January 1, 2024. Chapter  353 of 2022 (AB  2622, Mullin) pushed back the expiration date to January 1, 2026 and required our office to publish our analysis by May 1, 2024.
https://lao.ca.gov/Publications/Report/4890

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Figure  1 shows the value of credits claimed each year since the program ’s inception in 2014. Because applicants must provide sufficient evidence that the credit will influence their employment and investment decisions in the state, GO-Biz often does not award all tax credits available to be allocated in a given fiscal year.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - The California Constitution requires the state to reimburse local governments when (1)  new state laws or regulations mandate that they implement a new program or higher level of service and (2)  the local government does not have offsetting revenues available to fully cover the associated costs.
https://lao.ca.gov/Publications/Report/5130

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The remaining balance of amounts previously appropriated for this purpose (about $12  million) was reverted. The budget package also included supplemental reporting language requiring a report —due on or before March  1, 2026, and annually thereafter for three years —on the problems the program was designed to address and how the funds were used.
https://lao.ca.gov/Publications/Report/5081

Fixing Unemployment Insurance

Dec 2, 2024 - Figure  12 shows how the state ’s current taxable wage base and our recommendation compare to other states. If the state raised the maximum weekly benefit amount, the corresponding taxable wage base would also need to increase.
https://lao.ca.gov/Publications/Report/4943

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

Feb 28, 2023 - Evidence from Georgia and North Carolina. ” Evidence from Georgia and North Carolina (August 4, 2019) (2019). Bradbury, John Charles. “Do movie production incentives generate economic development? ” Contemporary Economic Policy 38.2 (2020): 327 ‑342.
https://lao.ca.gov/Publications/Report/4713

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

Feb 23, 2026 - Assembly Bill  573 requires our office to publish a report on tobacco retail enforcement by December 1, 2027. If this could lead to budget adjustments, the Legislature may wish to schedule some of the proposed funding to expire after 2027 ‑28.
https://lao.ca.gov/Publications/Report/5132

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 13, 2024 - As shown in Figure  1, licensees donated a wide variety of products in 2023. Figure 1 Amounts of Products Donated Under SB 34 Exemption in 2023 Product
https://lao.ca.gov/Publications/Report/4912