Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - If these requirements are not met, the CFC may only certify a credit equal to 96  percent of the original award. The broad structure of the new requirement is as follows: Within 30 days of receiving a credit allocation letter, applicants must submit a DEIA Workplan that reflects California ’s population in terms of race, ethnicity, gender, and disability status and includes specific DEIA goals and how the applicant intends to fulfill them.
https://lao.ca.gov/Publications/Report/5036

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943