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


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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Although the current baseline allocation for the program is $180  million per fiscal year, the actual value of credits available to be allocated can be enhanced in two main ways: First, credits that are recaptured can be reallocated in future years.
https://lao.ca.gov/Publications/Report/5162

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

Feb 23, 2026 - Under these proposals, Tobacco Licensing Program spending would be 180  percent higher in 2026 ‑27 than 2024 ‑25 despite the number of tobacco inspections increasing by just 14  percent. Despite “Workload ” Framing, Level of Enforcement Is a Policy Choice.
https://lao.ca.gov/Publications/Report/5132

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - GO-Biz is permitted to make agreements committing $180 million plus amounts recaptured from prior agreements in tax credits each year. In each of the last three years, the state has made one-time allocations of $120 million to allow California Competes to award grants in addition to tax credits.
https://lao.ca.gov/Publications/Report/4846

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - . $ 430  m illion General Fund for California Competes to provide two types of assistance aimed at attracting or retaining businesses to California ($ 250  m illion for grants and $ 180  m illion for tax credits over two years).
https://lao.ca.gov/Publications/Report/4327

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Department of Financial Protection and Innovation The budget provides $180  million for the Department of Financial Protection and Innovation (DFPI), primarily from the Financial Protection Fund, which is largely supported by regulatory fees.
https://lao.ca.gov/Publications/Report/5081/