The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - California Hope, Opportunity, Perseverance, and Empowerment (HOPE) for Children Trust Account Program Transfers $40  Million from Fund Providing Investment Accounts for Foster Youth to General Fund. The 2022-23 budget provided $100  million and $15  million ongoing to the California HOPE for Children Trust Account Fund.
https://lao.ca.gov/Publications/Report/5081/

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

Mar 18, 2025 - California Competes Grants Background California Competes Provides Incentives to Attract Business Investment. California Competes is an incentive program ran by GO-Biz. It provides nonrefundable tax credits to companies in exchange for a commitment to increase employment and investment in the state over several years.
https://lao.ca.gov/Publications/Report/5018

Assessing Recent Changes to California Competes

Mar 30, 2020 - Introduction California Competes Provides Financial Incentives to Attract Business Investment. California Competes is an economic development tax incentive program that allows the administration to negotiate tax credit agreements with individual companies that agree to meet multiyear hiring and investment targets.
https://lao.ca.gov/Publications/Report/4213

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

Feb 28, 2025 - For example, estimates of local employment multipliers, which attempt to measure the total increase in local jobs due to investment in specific industries, find that motion picture, video, and sound recording have roughly average multipliers compared to other sectors.
https://lao.ca.gov/Publications/Report/5000

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The definition of DEIA adopted by the CFC and in the California Code of Regulations includes a commitment to provide equitable access to opportunities on the basis of a wide range of protected classes.
https://lao.ca.gov/Publications/Report/5036

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Over the last decade, California ’s nominal minimum wage has doubled from $8 per hour to $16 per hour. The state ’s minimum wage is now more than double the federal minimum wage, which has been $7.25 per hour since 2009.
https://lao.ca.gov/Publications/Report/4878/3

The 2025-26 California Spending Plan: Other Provisions [Publication Details]

Oct 16, 2025 - The 2025-26 California Spending Plan: Other Provisions [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5081

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - Background California Competes Provides Incentives to Attract Business Investment.   California Competes  is an economic development tax incentive program that allows GO-Biz to negotiate agreements to provide financial incentives to companies that agree to meet hiring and investment targets.
https://lao.ca.gov/Publications/Report/4846

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

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

Feb 28, 2023 - Similarly, Latino and Asian American crew members make up a considerably smaller share of production workforce than their share of California’s overall population. Competition From Other States Most Other States Offer Film Tax Incentives.
https://lao.ca.gov/Publications/Report/4713