The California Competes Tax Credit is an income tax credit available to businesses that  want to come to California or stay and grow in California. Tax credit agreements will be negotiated by GO-Biz and approved by a statutorily created “California Competes Tax Credit Committee,” consisting of the State Treasurer,the Director of the Department of Finance, the Director of GO-Biz, one appointee each by the Speaker of the Assembly and Senate Committee on Rules. 


For fiscal year 2016-17, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:

1. July 25, 2016, through August 22, 2016 ($75 million available)
2. January 2, 2017, through January 23, 2017 ($100 million available)
3. March 6, 2017, through March, 27, 2017 ($68.3 million plus any remaining unallocated amounts from the previous application periods)
Please refer to the “Notice Fiscal Year 2016-2017” under the Documents section below for more information.


Proposed Regulation Amendments

Overview Video