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

Feb 19, 2026 - However, Proposition  19 (2020) allows certain homeowners (such as people who are 55 years or older) to transfer their existing home value for property tax purposes to a new home anywhere in the state.
https://lao.ca.gov/Publications/Report/5130

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - For awards made between 2014 and 2020, the recapture rate is almost 55  percent. This indicates that around half of the net job increases and investments promised in negotiated agreements ultimately never come to fruition or are not maintained long term.
https://lao.ca.gov/Publications/Report/5162

Overview of Major Impacts of H.R. 1 – One Big Beautiful Bill Act [Publication Details]

Aug 20, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5067

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - 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 (2)  a written policy outlining the applicant ’s procedures for dealing with unlawful harassment in the workplace.
https://lao.ca.gov/Publications/Report/5036

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

Feb 23, 2026 - In a November 2022 referendum, voters approved Chapter  34 of 2020 (SB  793, Hill), which bans most sales of flavored tobacco products. ( “Flavored ” refers to non ‑tobacco flavors, such as menthol cigarettes or fruit ‑flavored e ‑cigarettes.)
https://lao.ca.gov/Publications/Report/5132

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

Feb 28, 2025 - Figure  7 shows the types of productions that were awarded tax credits. The most notable change is an increase in the share of credits awarded to non ‑relocating TV shows from 51  percent in the first decade of the program to 59  percent in the credits most recent iteration starting in 2020, with a corresponding decrease in credit allocations for feature films.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This includes $8.2  million ($7  million General Fund) in efficiency reductions and $2.8  million General Fund in vacant position reductions. Please see the “New and Ongoing Efforts to Achieve Efficiencies” section of this post for more information on these budget-wide reductions.
https://lao.ca.gov/Publications/Report/5081

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Firms founded in 2020 also are eligible if their 2021 quarterly gross receipts are at least 20  p ercent below the same quarter in 2020. The new law increased the share of employees ’ wages eligible for the credit from 50  p ercent to 70  p ercent (up to $7, 000 p er employee).
https://lao.ca.gov/Publications/Report/4327

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

Feb 19, 2025 - These funds would be allocated to school districts based on their share of statewide enrollment in grades 7 to 12. The budget package also required school districts to certify by July 2029 that a certain portion of their staff who work directly with students in grades 7 to 12 have received youth behavioral health training at least once.
https://lao.ca.gov/Publications/Report/4970

Fixing Unemployment Insurance

Dec 2, 2024 - (We recommend excluding 2020 from this calculation given the abnormality of UI costs that year.) Then, we multiply this rate by current covered employment and current average weekly benefit amounts to define a “typical benefit cost year. ” This is currently about $7  billion.
https://lao.ca.gov/Publications/Report/4943