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

Feb 28, 2025 - CFC reporting shows total expenditures associated with projects receiving a tax credit have averaged about $2.5  billion per year over the three most recent fiscal years. Relative to the gross domestic product of California ’s motion picture industry in 2023 of $54.4  billion, this represents a little under 5  percent of the sector.
https://lao.ca.gov/Publications/Report/5000

The 2025-26 Budget: California’s Film Tax Credit [Publication Details]

Feb 28, 2025 - The 2025-26 Budget: California’s Film Tax Credit [Publication Details] Description: This brief discusses California's film tax credit and assesses the Governor’s Budget proposal to raise the amount of tax credits available for the California Film Commission to allocate to $750 million starting in 2025‑26.
https://lao.ca.gov/Publications/Detail/5000

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - This evaluation applies to both traditional spending programs and tax expenditures. Why Is It Particularly Important Now? State Faces Notable Deficits After 2025-26, Meaning Difficult Choices Are Ahead.
https://lao.ca.gov/Publications/Report/4983

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 Budget: MCO Tax and Proposition 35 [Publication Details]

Feb 26, 2025 - The 2025-26 Budget: MCO Tax and Proposition 35 [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4992

The 2025-26 Budget: MCO Tax and Proposition 35

Feb 26, 2025 - The 2025-26 Budget: MCO Tax and Proposition 35 3.6 MCO = managed care organization. Continues Funding 2024 Rate Increase … Though the MCO tax spending plan has changed over time, a few augmentations have remained throughout each plan.
https://lao.ca.gov/Publications/Report/4992

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - There are limited exemptions to this requirement, including independent productions with a total expenditure of less than $10  million. Version 4.0 also increases the required contribution to the Career Pathways Program from 0.25  percent to 0.5  percent for non ‑independent productions only.
https://lao.ca.gov/Publications/Report/5036

Local taxes. [Ballot]

Aug 14, 2025 - Vote Thresholds for Local Taxes. State law permits local governments to impose various other types of taxes with local voter approval. These include property-related taxes (such as taxes on parcels of property) and nonproperty-related taxes (such as a tax on hotel stays).
https://lao.ca.gov/BallotAnalysis/Initiative/2025-006

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2025 - Annual Report on Tax Exemptions for Medicinal Cannabis June 24, 2025 Annual Report on Tax Exemptions for Medicinal Cannabis Statutory Data Reporting Requirement. Chapter  837 of 2019 (SB  34, Wiener) established new tax exemptions for donations of medicinal cannabis.
https://lao.ca.gov/Publications/Report/5059

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - California Constitution Establishes Core Powers of the Legislature Legislature Responsible for Enacting Laws, Appropriating Funds, and Levying Taxes. The California Constitution establishes three kinds of power exercised by the state government: legislative, executive, and judicial.
https://lao.ca.gov/Publications/Report/5029