The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - GO-Biz negotiates individual agreements with each successful applicant, including year-by-year milestones and corresponding credit allocations. Agreements last for five years, by which time all employment and investment milestones must be achieved to claim the full credit amount.
https://lao.ca.gov/Publications/Report/5162

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

Mar 18, 2025 - GO-Biz selects applicants via a competitive application process and negotiates individual agreements with each successful applicant, including year-by-year milestones an d corresponding credit allocations.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Student Success Coaches. The budget provides $5  million in one-time General Fund for California Volunteers to offer grants to AmeriCorps programs to fund coaches at K-12 schools. This program has received limited-term funding in prior years, including $5  million in 2024-25.
https://lao.ca.gov/Publications/Report/5081/

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

Feb 28, 2025 - Applications for the credit are evaluated by the California Film Commission (CFC), who then allocate and issue credits to successful applicants based on the amount of qualified expenditures the proposed production would make in California.
https://lao.ca.gov/Publications/Report/5000

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Successful applicants negotiate written agreements with GO ‑Biz that specify hiring and investment targets over a five ‑year period. The businesses may not claim the credit until they first meet their hiring and investment commitments.
https://lao.ca.gov/Publications/Report/4327

Fixing Unemployment Insurance

Dec 2, 2024 - There are two main reasons the system successfully weathered its first recession. First, the state entered this recession with a relatively robust reserve on hand with much of this reserve balance built before the tax changes enacted in 1984.
https://lao.ca.gov/Publications/Report/4943

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - Key factors contributing to the current uncertainty include the degree to which businesses and workers begin to expect heightened inflation in future years, the degree to which actions by the Federal R eserve to reduce inflation are successful, and changes in geopolitical events affecting food and energy prices.
https://lao.ca.gov/Publications/Report/4647

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Fourth, workers who appeal the department ’s decision to deny their claim must attend a hearing and, if successful, wait for the department to eventually restore their payments. Finally, unemployed workers must regularly certify with the department to keep getting benefits.
https://lao.ca.gov/Publications/Report/4615