The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - High Recapture Rate Can be Seen as a Feature … On one hand, high recapture rates can be seen as not a significant issue, and even a sign that the program is working as intended: Companies are incentivized by a tax break if they manage to achieve agreed-upon job and investment targets, but if they fail to do so, the state incurs no expense since the credit is never claimed or is paid back to the state.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - Property owners seeking tax relief under Proposition  19 must file a claim with the county in which the new (replacement) residence is located. After Proposition  19 went into effect, a backlog of claims developed, and some tax bills were sent to property owners that had not been updated to reflect the lower amounts they were entitled to pay under the terms of Proposition  19.
https://lao.ca.gov/Publications/Report/5130

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - For example, when CDTFA seizes a retailer ’s noncompliant products, this counts as one seizure, regardless of the total amount of product seized. Can the administration provide workload measures that account for some of these limitations?
https://lao.ca.gov/Publications/Report/4966

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

Feb 23, 2026 - The administration appears to have approached this issue by trying to “work within CDTFA ’s budget. ” Viewed through this department ‑level lens, one could argue that spending General Fund on the Cannabis Tax Program makes sense.
https://lao.ca.gov/Publications/Report/5132

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Rejects Administration Proposal to Allow DCC to “Seal ” Certain Premises. The budget rejects a Governor ’s proposal to authorize DCC to seal (that is, secure and prevent entry) a building or premises occupied by an unlicensed person in connection with illicit commercial cannabis activity.
https://lao.ca.gov/Publications/Report/5081

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

Mar 18, 2025 - From 2015-2018, according to a rigorous third-party evaluation , LA:RISE participants had higher earnings and employment while working at an ESE but did not see long-term benefits after the transitional job ended.
https://lao.ca.gov/Publications/Report/5018

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - Loans are made to public agencies on a first-come, first-served basis. To fund its loans, ISRF sells revenue bonds which are repaid from loan payments from public agencies. Over the last five years, ISRF has made, on average, around $50 million in loans per year.
https://lao.ca.gov/Publications/Report/4846

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Figure  2 shows the composition of the broader motion picture workforce in California by gender and ethnicity for both 2009 and 2023. First, the overall motion picture workforce shows a similar pattern to the CFC statistics in Figure  1: men and white individuals represent the largest shares of the workforce.
https://lao.ca.gov/Publications/Report/5036

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

Feb 19, 2025 - This is because Chapter  231 makes these registration certificates an additional requirement to be licensed by DOJ to sell firearms and ammunition. Accordingly, revocation of a registration certificate would make a business unable to sell firearms or ammunition in the state.
https://lao.ca.gov/Publications/Report/4970

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Strikingly, net mobility out of low-wage work seems to stop abruptly when workers are in their early 30s. Between the ages of 32 and 40, the estimated rate of low-wage work declines so slowly that it is nearly flat.
https://lao.ca.gov/Publications/Report/4878/2