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

Feb 11, 2022 - Prior to 2003, the majority of the state ’s economic development programs were housed within the Technology, Trade, and Commerce Agency. The 2003 ‑04 Budget Act abolished the agency and state funding for many of its programs designed to encourage economic development.
https://lao.ca.gov/Publications/Report/4529

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943