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Economy and Taxes (2)
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The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - In future grant rounds, CalOSBA can direct investments toward effective pr ograms. CHIPS Background Federal Law Supports Semiconductors. In 2022, the federal government enacted the CHIPS and Science Act.
https://lao.ca.gov/Publications/Report/5018

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