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Economy and Taxes (2)
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Results in Economy and Taxes from the past 5 years


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The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - The average credit amount per production under Program 2.0 ($6.5  million) was notably higher than under the earlier program (about $2  million). Figure  5 shows the distribution of credits across types of production.
https://lao.ca.gov/Publications/Report/4713

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The budget includes $20  million General Fund to extend and expand the Inclusive Innovation Hub program and rename it to “Accelerate CA: Inclusive Innovation Hub. ” Of that amount $13  million would fund an expansion of the network from 10 hubs to 13  hubs, $6.5  million would be used to create a new, one ‑time  grant program, and $500,000 would pay for GO ‑Biz  administrative costs.
https://lao.ca.gov/Publications/Report/4529