The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - (For example, we estimate that the Governor ’s proposal would increase gasoline consumption in 2022 ‑23 by roughly 0.1  percent to 0.2  percent.) Second, the state ’s cap ‑and ‑trade program sets a limit on GHG  emissions across various sectors through 2030.
https://lao.ca.gov/Publications/Report/4528

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - Tourism is an important industry in the state that was impacted by the COVID ‑19 pandemic to a greater extent than many other sectors of the state ’s economy. While total consumer spending in California declined by 4  percent in 2020, Visit California estimates that direct travel ‑related spending declined by 55  percent.
https://lao.ca.gov/Publications/Report/4529

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Figure  3 shows how credits have been allocated across sectors over the last five years. Of the $1.2  billion in awards made between 2021 and 2025, around $650  million, or over half, has been allocated to businesses in advanced manufacturing.
https://lao.ca.gov/Publications/Report/5162

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

Mar 18, 2025 - The 2022-23 budget provided $25  million one-time General Fund for the program within the California Office of the Small Business Advocate (CalOSBA) to be spent in 2022-23 and 2023-24. Grant Applications Were Evaluated by Contractor REDF.
https://lao.ca.gov/Publications/Report/5018

The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Jan 26, 2022 - The  figure also shows the use of NOL deductions by corporate taxpayers across industry sectors. In 2019, for example, 619 taxpayers operating in the manufacturing industry had more than $1  million in income and deducted $3  billion in NOLs in total.
https://lao.ca.gov/Publications/Report/4500

The Rise of Remote Work: Effects on California's Labor Market

May 6, 2026 - In Figure  2, the share of job listings offering remote work peaked around mid ‑2022. At this point, 16  percent of Bay Area employers ’ listings offered remote work, compared to 11  percent in the rest of the state and nationwide.
https://lao.ca.gov/Publications/Report/5182

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

Feb 19, 2026 - 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. The ongoing costs are for the p rinting of disclosures.
https://lao.ca.gov/Publications/Report/5130

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - These adverse effects have been especially severe for businesses in the travel, retail, food and hospitality, health and wellness, and personal care services sectors. The CAEATFA exclusion offers assistance primarily to the manufacturing sector, which has not been among the hardest ‑hit sectors of the economy.
https://lao.ca.gov/Publications/Report/4327

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

Feb 23, 2026 - In a November 2022 referendum, voters approved Chapter  34 of 2020 (SB  793, Hill), which bans most sales of flavored tobacco products. ( “Flavored ” refers to non ‑tobacco flavors, such as menthol cigarettes or fruit ‑flavored e ‑cigarettes.)
https://lao.ca.gov/Publications/Report/5132

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