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

Nov 16, 2022 - The remainder of this section describes how these mechanisms are used across different categories of spending. In some areas, the state budget automatically adjusts for inflation using these mechanisms, whereas in other areas it does  not.
https://lao.ca.gov/Publications/Report/4647

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

Feb 20, 2024 - If the Legislature is concerned that existing incentives could be insufficient to attract CHIPS Act projects to California, it could consider setting up a contingent funding mechanism for California Competes grants.
https://lao.ca.gov/Publications/Report/4846

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - The Governor ’s budget includes $6  million from the General Fund in 2022 ‑23 for DMV to fund overtime for 200 Licensing Registration Examiners, as well as the necessary office and support staff, so that field offices with wait times of 30 days or more for commercial drive tests can offer additional testing slots on Saturdays.
https://lao.ca.gov/Publications/Report/4540

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

Mar 18, 2025 - First, a strong mechanism exists for rec apturing credits from firms that do not meet their investment and employment milestones. Second, the evaluation process includes a quantitative component that rewards providing more jobs and investment per dollar of credit and a qualitative component where GO-Biz staff can potentially identify proposals that would not occur in California, absent the credit, and filter out those that would occur independent of a credit award.
https://lao.ca.gov/Publications/Report/5018

Fixing Unemployment Insurance

Dec 2, 2024 - However, in the state ’s system, both mechanisms have broken down. Each year, between 10  percent and 40  percent of employers reach the maximum UI tax rate, capping their contributions despite their benefit costs exceeding those contributions.
https://lao.ca.gov/Publications/Report/4943

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - If the Legislature moves forward with a proposal like the Governor ’s, we suggest it include a mechanism to hold the MHSF harmless. Federal Tax Policy Is Especially Uncertain at This Time. The recent transition of the federal administration and shift of control in the U.S.
https://lao.ca.gov/Publications/Report/4327