The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - In years where the program is fully subscribed, there is an opportunity cost associated with an agreement that is not fulfilled. Namely, those tax credits could have been awarded to another applicant who would have been more likely to achieve their milestones.
https://lao.ca.gov/Publications/Report/5162

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - Bradley-Burns revenue generally goes to the location a retailer designates as the “place of sale, ” which can differ from where the product is actually delivered to the customer, such as often occurs with online purchases.
https://lao.ca.gov/Publications/Report/5074

Updating the California Necessities Index

Aug 14, 2025 - This means that any differences would likely partially even out within three years, leaving benefit levels at a similar level to where they would be if the current CNI had been  used. Fidelity to Original Concept Each Option Presents Trade ‑Offs.
https://lao.ca.gov/Publications/Report/5065

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - However, there are some cases where metrics may want to be viewed more broadly. A good example of this is the Black population in California. Based on the figures presented above, the Black population is somewhat overrepresented in California ’s motion picture industry (6.6  percent) compared to their share of the total population (5.5  percent).
https://lao.ca.gov/Publications/Report/5036

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

Mar 18, 2025 - Second, the evaluation process includes a quantitative component that rewards providing more jobs and investment per dollar of credit and a qualitative component where GO-Biz staff can potentially identify proposals that would not occur in California, absent the credit, and filter out those that would occur independent of a credit award.
https://lao.ca.gov/Publications/Report/5018

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - By this measure, the state ’s minimum wage is around where it was one decade ago. It is comfortably within the range of minimum wage increases in the U.S. over the last four decades —closer to the bottom of that range than the top.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - 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. Tax System Had No Room to Work in the Great Recession.
https://lao.ca.gov/Publications/Report/4943

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - In doing so, however, it is important for the Legislature to weigh the importance of maintaining Hollywood ’s primacy against its many competing priorities, especially in an environment where the Governor ’s budget anticipates shortfalls over the next several years.
https://lao.ca.gov/Publications/Report/4713

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - For example, in areas like forest management and housing where the state government recently significantly expanded state spending, the state is running into supply issues. These supply challenges range from hiring enough contractors to complete needed work to securing raw materials to build housing.
https://lao.ca.gov/Publications/Report/4647

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - These changes are for tax year 2021 only except where otherwise noted. (We refer to the prior provisions of these tax credits as “prior law. ” Because the new provisions are scheduled to only be in effect in 2021 in most cases, we anticipate the provisions to revert to prior law starting in 2022.)
https://lao.ca.gov/Publications/Report/4410