The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - The program is conceptually well structured and has recent empirical evidence supporting the idea that the credit is leading to a net increase in jobs in the state. Therefore, we recommend that the Legislature approve the Governor ’s proposal to extend the credit.
https://lao.ca.gov/Publications/Report/5162

Fixing Unemployment Insurance

Dec 2, 2024 - Under this idea, an employer would not pay taxes on a worker ’s income in excess of the income on which a worker is eligible for wage replacement under UI. In  other words, no taxes would be paid on wages that are not covered by UI.
https://lao.ca.gov/Publications/Report/4943

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The idea of adding grants to California Competes raises questions that require significant Legislative deliberation. Due to these concerns and others, we suggest that the Legislature instead focus on expanding the Main Street Credit proposal.
https://lao.ca.gov/Publications/Report/4327