The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Consistently high recapture rates combined with a lower than usual award volume over the last few years has led to the rapid growth of the credit pool that now stands at $923  million. Expanded Credit Pool Has Pros and Cons.
https://lao.ca.gov/Publications/Report/5162

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - Most of this funding supports state highway maintenance, rehabilitation, and improvements, with a smaller amount supporting state programs that fund both state ‑led and local ‑led highway and transit improvements.
https://lao.ca.gov/Publications/Report/4528

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The 1990s and 2000s had seen a proliferation of similar credits in other states and countries, which led to policymakers voicing concerns about projects choosing to film in jurisdictions with generous incentives instead of in Hollywood, often referred to as “runaway productions. ” The tax credit has been extended and  expanded three times since its inception, currently allowing $330  million in tax credits to be allocated per year.
https://lao.ca.gov/Publications/Report/5036

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - Due to Divergence From Equal Payments, Great Recession Changes Led to Modest Shift. As a result of the divergence from equal payments discussed above, in practice, the 2008 and 2009 timing shifts yielded relatively small tax payment shifts.
https://lao.ca.gov/Publications/Report/4722

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

Feb 20, 2024 - One key difference is the grant program’s focus on businesses making big investment promises, which has led it to make significantly larger awards to a smaller number of businesses. Given these differences, the grant program should be evaluated separately from the tax credit program.
https://lao.ca.gov/Publications/Report/4846

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

Feb 28, 2025 - This has led to a gradual decline in the state ’s dominance in the industry. Recent disruptions, including COVID ‑19, the 2023 Screen Actors Guild ‑American Federation of Television and Radio Artists (SAG ‑AFTRA) and Writer ’s Guild of America strikes, and the 2025 Los Angeles Wildfires, have further depressed production activity.
https://lao.ca.gov/Publications/Report/5000

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - For example, although ALJs overturned EDD staff ’s procedural denials roughly 80  percent of the time during the pandemic, state law does not require EDD to revisit the procedures that led to such a high overturn rate.
https://lao.ca.gov/Publications/Report/4615

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

Feb 15, 2022 - Proposal Seems Reasonable to Address Current Issues Leading to Increased Wait Times for Commercial Drive Tests … We find that the proposal is a reasonable approach to addressing the two primary factors that have led to increased wait times.
https://lao.ca.gov/Publications/Report/4540

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - These requirements make participation more costly, but they have led to greater transparency than the state typically provides regarding the use of tax expenditures. Benefits Occur Gradually. Historically, the usage rate of exclusions has peaked one to two years after the participant receives the award.
https://lao.ca.gov/Publications/Report/4327