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

Feb 28, 2025 - In recent years, the commission has averaged approximately $272  million of credits awarded to 38 separate projects per year. Not all credits made available by the Legislature for the CFC to award are distributed each year.
https://lao.ca.gov/Publications/Report/5000

Fixing Unemployment Insurance

Dec 2, 2024 - State law sets out 38 different tax rates for businesses based on their reserve ratio (shown as rows in Figure  3 ). When overlaid with the state ’s eight statutory tax schedules (shown as columns in the figure, which change based on the UI trust fund balance), California businesses pay 1 of 304 UI tax rate options.
https://lao.ca.gov/Publications/Report/4943

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - In 2020, 11  percent of buses entering service for small transit agencies were ZEBs; by 2022, that share had grown to 38  percent. As described in the “Background ” section, the ICT establishes higher ZEB purchase requirements for large transit agencies than for small transit agencies.
https://lao.ca.gov/Publications/Report/4890

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Estimated Direct Fiscal Effect: $38   Million. The administration estimates that the proposed increase in the annual cap would have a direct fiscal cost to the state and local governments totaling $ 38  m illion over a five ‑year period, starting in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4327