The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - In particular, the share of awards going to advanced manufacturing firms has greatly increased while the share going to professional services (for example, accounting, legal, and local business services) has significantly decreased.
https://lao.ca.gov/Publications/Report/5162

The 2022-23 Budget: Federal Tax Conformity for Federal Business Assistance

Jan 26, 2022 - The advances are grants that do not have to be repaid, regardless of whether the businesses were eventually approved for a loan. California businesses received just over $1 billion in pandemic‑related EIDL advance grants.
https://lao.ca.gov/Publications/Report/4501

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - As another example, consider a fuel supplier that makes advance sales of large amounts of fuel from a sales office. All Bradley-Burns revenue from this transaction would go to the city where the sales office is located.
https://lao.ca.gov/Publications/Report/5074

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - Consequently, we advise the Legislature to treat July  1st fuel tax changes as an “early action ” item to resolve in advance of the main budget package. Slightly Lower Prices at the Pump. Available  evidence suggests that lower excise taxes likely would result in lower retail prices.
https://lao.ca.gov/Publications/Report/4528

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

Mar 18, 2025 - The NSTC is a cooperative public-private effort to advance semiconductor research and development (R &D). Natcast is the nonprofit organization in charge of the NSTC. Natcast Currently Relies on Federal Funding.
https://lao.ca.gov/Publications/Report/5018

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

Feb 20, 2024 - Some options include: California Competes tax credits, New Employment tax credits, Research and Development tax credits, and the California Alternative Energy and Advanced Transportation Financing Authority ’s sales and use tax exclusion program.
https://lao.ca.gov/Publications/Report/4846

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - For example, a community that has spent local funds to plan for and design infrastructure projects in advance of external funding likely would be better positioned to compete for stimulus infrastructure spending than communities that lacked funding to do such preparation.
https://lao.ca.gov/Publications/Report/4331

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - The number of ZEBs purchased in advance of the ICT time lines. The ICT ’s minimum ZEB purchase requirements began in 2023, while bus fleet data currently are available through 2022. As a result, these two performance indicators are effectively identical.
https://lao.ca.gov/Publications/Report/4890

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - CAEATFA = California Alternative Energy and Advanced Transportation Financing Authority. CAEATFA Exclusion Is Oversubscribed. CAEATFA awards the sales tax exclusion at monthly board meetings. Chapter   677 o f 2012 (S B  1128 , Padilla) prohibits CAEATFA from approving more than $ 100  m illion of exclusions in any calendar year.
https://lao.ca.gov/Publications/Report/4327

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