The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - It provides nonrefundable tax credits to companies in exchange for a commitment to increase employment and investment in the state over several years. More specifically, the objective of the program is to influence a business ’s decision to make investments in California that would have been made in another state, or not at all, absent the credit.
https://lao.ca.gov/Publications/Report/5162

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

Mar 18, 2025 - It provides nonrefundable tax credits to companies in exchange for a commitment to increase employment and investment in the state over several years. GO-Biz selects applicants via a competitive application process and negotiates individual agreements with each successful applicant, including year-by-year milestones an d corresponding credit allocations.
https://lao.ca.gov/Publications/Report/5018

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - In exchange, states must operate their UI programs within broad federal guidelines. Within the broad guidelines, however, states have ample room to set the important policy and program rules that affect unemployed workers and their former employers.
https://lao.ca.gov/Publications/Report/4615