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Economy and Taxes (2)
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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Since the evidence on the effectiveness of the credit is from earlier iterations of the program, and the attributes of awards have shifted over the years, periodic analysis of the program ’s effectiveness as data becomes available continues to remain prudent.
https://lao.ca.gov/Publications/Report/5162

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

Feb 23, 2026 - Tobacco compliance has received less attention, but some data suggest that this also has become a significant problem under the flavor ban. From 2021 ‑22 to 2024 ‑25, tobacco tax revenues dropped 14  percent per year —much faster than the 2  percent historical average.
https://lao.ca.gov/Publications/Report/5132