The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - If the Legislature approves this proposal, we recommend adding explicit requi rements to assess a grant applicant ’s inability to use tax credits. California Regional Initiative for Social Enterprises Grant Program.
https://lao.ca.gov/Publications/Report/5018

Fixing Unemployment Insurance

Dec 2, 2024 - As Figure  10 shows with some illustrative numbers, this employment tax raises the cost of adding a new employee to a business and that cost is proportionately higher for a low wage worker than a high wage worker.
https://lao.ca.gov/Publications/Report/4943

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - There are several signals that the economy may be cooling. For example, housing markets have been stagnant, job growth is down, and trade activity is slowing. This does not necessarily mean a broader economic slowdown is imminent.
https://lao.ca.gov/Publications/Report/4135

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

Feb 28, 2023 - In addition to the added requirements of Program 2.0, production companies must have a written policy against sexual harassment and provide a summary of programs to increase workplace diversity. a Only $230 million was available in the first year of Program 2.0 because it was concurrent with the first credit.
https://lao.ca.gov/Publications/Report/4713

Assessing Recent Changes to California Competes

Mar 30, 2020 - The 2018 b udget package extended the California Competes credit by five years and made three changes to the program: Added a Requirement to Demonstrate New Job Creation. Applicants must demonstrate that award of the credit will influence their ability or willingness to create jobs in California that might not otherwise be created here.
https://lao.ca.gov/Publications/Report/4213

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The idea of adding grants to California Competes raises questions that require significant Legislative deliberation. Due to these concerns and others, we suggest that the Legislature instead focus on expanding the Main Street Credit proposal.
https://lao.ca.gov/Publications/Report/4327

The 2020-21 Budget: Taxation of E-Cigarettes

Feb 24, 2020 - Most notably, the January proposals do not include the cost of adding the tax to CDTFA ’s new IT system. We anticipate a budget proposal to cover this one ‑time cost —likely in the range of $ 6  m illion to $ 8  m illion —later this spring.
https://lao.ca.gov/Publications/Report/4171

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - According to the administration ’s own review of EDD practices, “In interviews and observations, stories and anecdotes about fraud and/or suspected fraud were often used to explain why EDD could not act quickly to avoid the growth of the [claims] backlog. ” The added benefit of these lengthy reviews —that is, how much additional fraud they prevent —may be very small.
https://lao.ca.gov/Publications/Report/4615