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Economy and Taxes (4)
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Results in Economy and Taxes from the past 5 years


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

Feb 23, 2026 - In 2026 ‑27, $2.8  million of these appropriations would come from the Compliance Fund to pay for costs in the Tobacco Licensing Program, while $0.5  million would come from the Cannabis Tax Fund to pay for costs in the Cannabis Tax Program. $0.2  million of these costs would shift from the Compliance Fund to the Cannabis Tax Fund starting in 2027 ‑28.
https://lao.ca.gov/Publications/Report/5132

Updating the California Necessities Index

Aug 14, 2025 - Further, large differences (more than 0.5  percentage points) are rare. Over short time periods (three years), year ‑to ‑year differences average out to changes very similar to the CNI (about 0.1  percentage points).
https://lao.ca.gov/Publications/Report/5065

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Version 4.0 also increases the required contribution to the Career Pathways Program from 0.25  percent to 0.5  percent for non ‑independent productions only. Workforce Diversity in California’s Film Industry Completed Version 3.0 Productions Hire Men, White Workers at Higher Rates Than Other Groups.
https://lao.ca.gov/Publications/Report/5036

Fixing Unemployment Insurance

Dec 2, 2024 - Reserve ‑Building Rate Would Be 0.5   Percent. Under current conditions, but assuming our proposed taxable wage base of $46,800 and assuming the state aimed to reach the reserve target in five years, the reserve ‑building tax rate today would be 0.5  percent.
https://lao.ca.gov/Publications/Report/4943