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

Feb 28, 2023 - While all of these studies have limitations, some approaches are more reliable tha n others. In particular, our review focuses on studies that (1)  account for the fact that some productions would have selected the same location even without a tax credit, (2)  consider both direct economic effects (such as wage paid to production workers) and indirect economic effects (such as
https://lao.ca.gov/Publications/Report/4713

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - As a result, relying solely on the results of estimated jobs or economic output from these types of studies to evaluate a stimulus proposal likely will lead to a n incomplete assessment. …But Studies Still Can Provide Useful Information.
https://lao.ca.gov/Publications/Report/4331

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - For example, if a business had committed to hiring 100 n ew employees but only hired 80, the state might recapture 20  p ercent of the tax credits. Latest Round Differed From Prior Periods More Businesses Applied for Credits in 2020.
https://lao.ca.gov/Publications/Report/4327