Summary
Discretionary negotiated credit available to businesses relocating to, expanding in, or remaining in California. Credit amount determined per company through incentive agreement. Competitive allocation with statewide annual cap (~$330M). Three application windows per year.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- allocated
- Claimant subject
- business
- Refund/transfer election
- transferable_only
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (1)
- work_location_in_stateRelocating, expanding, or remaining business must operate in California
Preference / tiering rules (1)
- min_new_jobsJob creation threshold varies by county and project; set via negotiation. Scoring factor, not hard requirement.
NAICS industries (0)
Any.
Geo zones (0)
Statewide / none specified.
Tags (5)
- discretionary: true
- requires_application: true
- requires_contract: true
- application_windows_per_year: 3
- milestone_schedules: deferred_to_future_proposals
Tax bases
- corporate_income_taxprimary
Source
FTB Form 3531 (California Competes)
Last verified: 2026-04-15