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

Feb 28, 2025 - Since 2010, California ’s share of employment has decreased from over 54  percent to 46  percent as of 2023, becoming particularly volatile over the last few years. Recent Disruptions Have Negatively Affected Filming Activity in California.
https://lao.ca.gov/Publications/Report/5000

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

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The effectiveness of the 2010 ‑2020 Innovation Hub initiative has not, to our knowledge, been evaluated. The administration did not study the Innovation Hub programs before providing new funding for Inclusive Innovation Hubs last year.
https://lao.ca.gov/Publications/Report/4529

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

Feb 28, 2023 - At  the peak in 2010, 45 states had a film tax incentive. In the wake of the Great Recession, a number of states eliminated their programs. Nonetheless, 37 states currently have active film tax  incentives.
https://lao.ca.gov/Publications/Report/4713