The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - We recommend that the Legislature adopt a modified version of this proposal and conside r whether new provisional language is needed to prevent such problems from recurring. Background Cannabis Tax Program.
https://lao.ca.gov/Publications/Report/5132

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - To help address the state budget shortfall, the budget package includes a reduction of $15  million in one-time General Fund that had been provided in a prior year for the Extreme Heat and Community Resilience Program.
https://lao.ca.gov/Publications/Report/5081

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Additionally, only version 3.0 projects that have been completed are included in the data, and may not represent the set of all projects that will be completed under version 3.0 of the credit. Evaluating Changes Made in Program 4.0 New Diversity Rules Provide a More Credible Incentive for Applicants.
https://lao.ca.gov/Publications/Report/5036

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Credits may be used to offset either personal income or corporation taxes and can be carried forward for up to six years. Over 1,200 credit agreements have been approved by GO-Biz since the program ’s inception.
https://lao.ca.gov/Publications/Report/5162

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

Feb 28, 2025 - Since the 2024 ‑25  budget package implemented similar restrictions, this trend will likely continue for the next few years. Mix of Productions Shifts Towards Television. Figure  7 shows the types of productions that were awarded tax credits.
https://lao.ca.gov/Publications/Report/5000

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

Feb 28, 2023 - This shift may be due in part to actions taken in the 2020  budget package to limit taxpayers ’ use of business tax credits in 2020 and 2021. Limited Number of Taxpayers Benefit From the Credit. In tax years 2017 through 2019, 10  to  15  taxpayers annually used film tax credits to reduce their taxes.
https://lao.ca.gov/Publications/Report/4713

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Legislature May Want to Consider Adjusting Specified Amounts for Programs. Given that revenues are likely to be significantly lower than originally projected when Chapter  231 went through the policy process, the Legislature may want to consider adjusting the specific amounts designated for particular programs in Chapter  231 on an ongoing or one-time basis.
https://lao.ca.gov/Publications/Report/4970

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - This approach yields an estimate of 8.6  million barrels for fiscal year 2024-25. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/5094

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

Mar 18, 2025 - Governor ’s Proposal $25  Million for Semiconductor Design Facility. The Governor ’s budget proposes a one-time General Fund appropriation of $25  million in 2025-26 for GO-Biz to support capital expenditures incurred during the development of the DCF.
https://lao.ca.gov/Publications/Report/5018

Updating the California Necessities Index

Aug 14, 2025 - Both the CA CPI ‑U and CA CPI ‑W differ from the CNI on average by about 1  percentage point, which is about 25  percent of average CNI growth. In Many Years, Differences Are Large. Further, the difference between the CNI and the CA CPI ‑U and CA CPI ‑W is often large.
https://lao.ca.gov/Publications/Report/5065