The Governor’s Office of Business and Economic Development (GO-Biz) has announced that, for fiscal year 2021–2021, a total of $284,707,469 in California Competes Tax Credits is available for allocation. (GO-Biz Notice (June 30, 2021), available at: https://static.business.ca.gov/wp-content/uploads/2021/06/Notice-California-Competes-Tax-Credit-Fiscal-Year-2021-22.pdf)
Applications for the credit will be accepted online at www.calcompetes.ca.gov during the following periods:
- July 26, 2021–August 16, 2021 ($100 million available);
- January 3, 2022–January 24, 2022 ($95 million available); and
March 7, 2022–March 28, 2022 ($89.7 million plus any remaining unallocated amounts from the previous application periods).