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Economy and Taxes (5)
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The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Subsidized employment programs appear more likely to result in long-term benefits when: (1)  employers have a business model that makes it realistic for them to hire participants full time after the program ends and (2)  the target population is women or long-term unemployed workers.
https://lao.ca.gov/Publications/Report/5018

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

Feb 19, 2025 - The Governor ’s budget estimates such costs to be $1.2  million in 2024-25 and $978,000 in 2025-26. After the deduction of CDTFA costs, Chapter  231 requires monies be allocated pursuant to the priority order listed in Figure  1.
https://lao.ca.gov/Publications/Report/4970

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The percentages presented in Figure  1 alone do not give a sense of how diverse the labor forces of version 3.0 productions are relative to both (1)  the overall motion picture workforce in California and (2)  California ’s population as a whole.
https://lao.ca.gov/Publications/Report/5036

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

Feb 28, 2025 - The Governor ’s budget proposes to increase the annual cap on tax credits available under the program from $330  million to $750  million. This  would apply to version 4.0 of the credit for fiscal years 2025 ‑26 through 2029 ‑30.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - It also will need to assess whether the new penalty revenues are sufficient to maintain the fund ’s structural balance. If not, the two main alternatives are (1)  a statutory increase in licensing fees, or (2)  cuts to other aspects of the licensing program.
https://lao.ca.gov/Publications/Report/4966