The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Therefore, although the program ’s baseline annual allocation is $180  million, the fiscal effect of the program is liable to ebb and flow over time even if the size of the program does not. Additionally, limits on the use of tax credits by businesses will contribute to further fluctuations in the fiscal effect of the program in the current decade.
https://lao.ca.gov/Publications/Report/5162

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - For example, federal financial assistance provided to businesses in April 2020 t hrough the Paycheck Protection Program flowed first to businesses with existing relationships with banks. Less affluent communities also may be less prepared to compete for stimulus spending.
https://lao.ca.gov/Publications/Report/4331