The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - New Tax Expenditures of $150   Million. The Governor ’s budget includes some revenue proposals, which would expand existing tax expenditures and create new ones. This includes increasing the existing film tax credit from $330  million to $750  million per year and excluding some military retirement income from taxation.
https://lao.ca.gov/Publications/Report/4951

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

Mar 18, 2025 - Recent evidence from academic research has found that the California Competes tax credit is fairly effective at increasing employment and providing an economic benefit to the state, especially relative to other tax expenditure programs in California and elsewhere.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Relatedly, action taken in Chapter  27 of 2025 (AB  1138, Zbur and Allen) makes additional changes to version 4.0, including but not limited to: increasing the size of tax credit awards as a percentage of qualified expenditures, expanding the range of productions that are eligible for the credit, and enhancing the size and scope of the Career Pathways Program.
https://lao.ca.gov/Publications/Report/5081/

The 2026-27 Budget: California Highway Patrol Proposals

Mar 6, 2026 - Moreover, given the scale of the state’s projected budget shortfall in the coming years, the option of relying upon the General Fund or other special funds to help cover the MVA expenditures will be challenging.
https://lao.ca.gov/Publications/Report/5152

The 2020-21 Spending Plan: Housing and Homelessness

Oct 8, 2020 - This action authorizes an additional year of the tax credit that was originally provided in 2019 ‑20 for 2020 ‑21. This additional tax expenditure brings total credits to $1  billion across the past two years.
https://lao.ca.gov/Publications/Report/4278

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - At the time of enactment, the 2024-25 budget assumed that these exercises would reduce ongoing General Fund departmental state operations expenditures by $2.8 billion by 2025-26. (In addition, it assumed $800 million in General Fund savings from the university systems.)
https://lao.ca.gov/Publications/Report/5156

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - In the 2025 ‑26 Budget Act , the Legislature directed OES to provide two reports on major challenges, solutions, expenditures, and a time line for the Next Generation 911 system. We recommend that the Legislature continue to direct OES to provide project and expenditure reports to the Legislature, preferably on a monthly (project) and quarterly (expenditures) basis in 2026 ‑27 and ongoing until legacy 911 has been fully decommissioned.
https://lao.ca.gov/Publications/Report/5145

The 2025-26 Budget: State Departments’ Operational Efficiencies (Control Sections 4.05 and 4.12)

Feb 19, 2025 - Affected Funding Sources Expenditures from what specific “other funds, ” if any, are expected to be reduced and by how much? What effect, if any, will identified savings to special funds expenditures have on fees and taxes levied to support the funds?
https://lao.ca.gov/Publications/Report/4975

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - CDTFA runs three tobacco-focused programs: The Cigarette and Tobacco Tax Program administers a $2.87 per pack tax on combustible cigarettes and a 53  percent tax (adjusted annually) on the wholesale cost of other tobacco products, such as e-cigarettes, cigars, and chewing tobacco.
https://lao.ca.gov/Publications/Report/4966

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - OSDS largely attributes this year ‑over ‑year decrease to a statewide expenditure reduction directive issued by the Department of Finance in December 2023 that was intended to help address the fiscal difficulties facing the state.
https://lao.ca.gov/Publications/Report/5095