Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The 1990s and 2000s had seen a proliferation of similar credits in other states and countries, which led to policymakers voicing concerns about projects choosing to film in jurisdictions with generous incentives instead of in Hollywood, often referred to as “runaway productions. ” The tax credit has been extended and  expanded three times since its inception, currently allowing $330  million in tax credits to be allocated per year.
https://lao.ca.gov/Publications/Report/5036

Updating the California Necessities Index

Aug 14, 2025 - Updating the California Necessities Index Criteria In our search for a replacement for the CNI, we first restrict our attention to options that meet two  requirements. Feasibility. First, new measures must be calculable using publicly available data that is published in a timely manner.
https://lao.ca.gov/Publications/Report/5065

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

Mar 18, 2025 - Subsidized employment programs (often known as transitional employment) aim to increase employment among target populations by simultaneously (1)  providing training and job search services to workers and (2)  prioritizing jobs for participants or lowering costs through employer subsidies.
https://lao.ca.gov/Publications/Report/5018

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943