Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - However, there are some cases where metrics may want to be viewed more broadly. A good example of this is the Black population in California. Based on the figures presented above, the Black population is somewhat overrepresented in California ’s motion picture industry (6.6  percent) compared to their share of the total population (5.5  percent).
https://lao.ca.gov/Publications/Report/5036

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - Due to some novel features of the penalties, the administration views the revenues as highly uncertain and has not presented a revenue estimate. Proposal Sets Up Decision Next Year. The Cigarette and Tobacco Products Compliance Fund had a $2  million surplus in 2023-24 and entered 2024-25 with a $12  million balance.
https://lao.ca.gov/Publications/Report/4966

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

Mar 18, 2025 - However, we recommend viewing grants as a supplement to the California Competes tax credit rather than a core part of the program. Given the state ’s current and projected future budget condition, we recommend the Legislature consider the priority of enhancing a seemingly well-functioning program relative to other budget items.
https://lao.ca.gov/Publications/Report/5018

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

Feb 28, 2025 - Therefore, we recommend the Legislature consider adopting the Governor ’s proposal only if the Legislature views maintaining California ’s market share of the film industry as a high priority and an end in itself.
https://lao.ca.gov/Publications/Report/5000