The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

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

Feb 23, 2026 - First, the budget act included a one ‑year $3.5  million increase in the appropriation for the Tobacco Licensing Program. Second, the Legislature passed and the Governor signed Chapter  269 (AB  573, Rogers).
https://lao.ca.gov/Publications/Report/5132

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081/

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

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Increases in Diversity May Partially Come From Selection Effects. An observed increase in labor force diversity among productions receiving tax credits could come from two different channels. It could be that DEIA requirements are having an actual effect on representation.
https://lao.ca.gov/Publications/Report/5036

Updating the California Necessities Index

Aug 14, 2025 - Therefore, using the CA CPI ‑U or CA CPI ‑W to adjust payments would likely result in significantly different benefit increases in some years relative to the CNI. Small Tweaks to CNI Lead to Only Small Differences.
https://lao.ca.gov/Publications/Report/5065

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

Feb 28, 2025 - Expanding the Credit Is a Valid Approach to Increase Production Activity in California. Our  assessment of the available evidence suggests that increasing the size of the credit will increase the number of productions that choose to locate in California.
https://lao.ca.gov/Publications/Report/5000

Overview of Diversity Efforts in the Film Tax Credit Program [Publication Details]

May 1, 2025 - Chapter 114 of 2021 (SB 144, Portantino) required our office to issue a report summarizing the workforce diversity information collected by the California Film Commission (CFC) and evaluate the effectiveness of the tax credit for increasing diversity.
https://lao.ca.gov/Publications/Detail/5036