The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget assumes reductions to CDFA ’s budget of $11  million ($9.8  million General Fund) authorized by Control Sections 4.05 and 4.12 of the budget act. This includes $8.2  million ($7  million General Fund) in efficiency reductions and $2.8  million General Fund in vacant position reductions.
https://lao.ca.gov/Publications/Report/5081

Fixing Unemployment Insurance

Dec 2, 2024 - For example, if California had had equivalently sized reserves going into the Great Recession, it still would have required a federal loan, but that loan would have been $5 billion rather than $11 billion.
https://lao.ca.gov/Publications/Report/4943

Overview of Efforts to Modernize EDD’s Benefit Systems [Publication Details]

Feb 24, 2026 - Assembly Budget Subcommittee No. 5 on State Administration
https://lao.ca.gov/Publications/Detail/5135

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - For example, to encourage a retailer to set up shop in a city, the city could refund half of the Bradley-Burns tax paid by the retailer. If retailers respond strongly to these rebates, then cities providing them could end up with higher revenues.
https://lao.ca.gov/Publications/Report/5074

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Under our outlook, Proposition  98 General Fund spending on schools and community colleges is $89  billion in 2026 ‑ 27 —nearly $12  billion above our projected 2023 ‑24 level and $5  billion higher than the administration ’s projection for 2026 ‑27.
https://lao.ca.gov/Publications/Report/4772

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Credits may be used to offset either personal income or corporation taxes and can be carried forward for up to six years. Over 1,200 credit agreements have been approved by GO-Biz since the program ’s inception.
https://lao.ca.gov/Publications/Report/5162

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - The ARP expands the credit for 2021: For single filers with income of up to $75,000 ($112,500 for heads of household, $150,000 for joint filers), the maximum credit rises to $3,600 for dependents from ages 0 to 5 and $3,000 for dependents ages 6 to 17.
https://lao.ca.gov/Publications/Report/4410

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The ERC provided firms with 100 o r fewer employees a credit for 50  p ercent of wages paid to employees they retained in 2020 (up to $5, 000 p er employee). Similar to the Main Street Credit, businesses are eligible for the ERC if their quarterly gross receipts dropped by at least half compared to the same quarter in 2019.
https://lao.ca.gov/Publications/Report/4327

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

Feb 19, 2025 - Specifically, an 11  percent tax is applied to the gross retail sales of firearms, firearm precursor parts, and ammunition. Retail sales to law enforcement agencies and active or retired peace officers, as well as those that total less than $5,000 per quarter, are exempt from this tax.
https://lao.ca.gov/Publications/Report/4970

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

Feb 28, 2023 - Base: 20% of qualified spending, plus additional: Base: 20% of qualified spending, plus additional: Independent films: 25% 5% of spending outside LA 5% of visual effects 5% to 10% of spending outside LA (up to 30% total) 5% of visual effects Independent films and relocating television: 25% Independent films and relocating television: 25% Other Requirements Complete “career readiness ” requirement.
https://lao.ca.gov/Publications/Report/4713