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

Feb 28, 2025 - The CFC has issued over $3  billion in credits to around 700 projects since its inception in 2009. In recent years, the commission has averaged approximately $272  million of credits awarded to 38 separate projects per year.
https://lao.ca.gov/Publications/Report/5000

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

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - At current revenue levels, ongoing TIRCP funding is around $650  million to $700  million per year. Recent budget agreements provided significant one-time General Fund augmentations for the program. First, the program received an additional $4  billion to provide through its traditional competitive process.
https://lao.ca.gov/Publications/Report/4890