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

Feb 23, 2026 - The administration could have avoided imposing these costs on the General Fund by adjusting CDTFA ’s appropriation from the Cannabis Tax Fund, but it has not yet done so. Using Resources Efficiently.
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Together, these features help mitigate the so-called “windfall effect, ” in which businesses receive incentives for activity that would have occurred absent the subsidy. Finally, agreements include recapture provisions that allow GO-Biz to reduce or reclaim credits if recipients fail to meet hiring or investment commitments.
https://lao.ca.gov/Publications/Report/5162