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

Feb 23, 2026 - Actual spending on the Tobacco Licensing Program declined from $9.1  million in 2021 ‑22 to $6.9  million in 2024 ‑25, while actual spending on the Cannabis Tax Program grew from $8.4  million in 2021 ‑22 to $16.2  million in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - 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. This category covers subsectors such as electronics and semiconductors, aerospace, battery technology, and biotechnology.
https://lao.ca.gov/Publications/Report/5162

Fixing Unemployment Insurance

Dec 2, 2024 - Figure  8 shows how this would play out if contributions and benefits continue to track with historical trends over the next two decades. As the figure shows, we do not expect the state to achieve solvency without the federal surcharge.
https://lao.ca.gov/Publications/Report/4943

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

Jan 26, 2022 - In  anticipation of a $54  billion budget problem, Chapter  8 of 2020 (A B  85 , Committee on Budget) limited the use of net operating loss deductions and business credits for 2020, 2021, and 2022 to temporarily increase tax revenue.
https://lao.ca.gov/Publications/Report/4500

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

Feb 28, 2025 - Figure  8 shows the distribution of such incentives across the U.S. Tax credits based on a percentage of expenditures made in ‑state are the most common type of incentive, but several states provide rebates or partial exemptions from taxation.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This amount includes $10  million for Federation Internationale de Football Association (FIFA) World Cup security costs, $10  million for Family Justice Centers, and $8  million to the City of Los Angeles for fire engine purchases.
https://lao.ca.gov/Publications/Report/5081

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Statutory hard cap: $200  million of equipment per year (roughly $8  million of exemption). How to claim. Submit extensive application, wait for staff review and board meeting vote, then purchase equipment.
https://lao.ca.gov/Publications/Report/4327

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

Feb 28, 2023 - The 2023-24 Budget: California's Film Tax Credit 17% for relocating TV series 8% for independent films Base: 20% of qualified spending. Base: 20% of qualified spending, plus additional: Base: 20% of qualified spending, plus additional: Independent films: 25% 5% of spending outside LA 5% of visual effects 5% to 10% of spending outside LA (up to 30% total) 5% of visual
https://lao.ca.gov/Publications/Report/4713

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Chapter  114 of 2021 (S B  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/Report/5036

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - Since the flavor ban, however, revenues have declined much faster, from $1.84  billion in 2021-22 to $1.6  billion in 2022-23, then to $1.35  billion in 2023-24 (not including the new tax on electronic cigarettes).
https://lao.ca.gov/Publications/Report/4966