For the second application period of fiscal year 2024/2025, the Governor’s Office of Business and Economic Development will accept applications for the California Competes Tax Credit beginning January 6, 2025, through January 27, 2025. (FTB Tax News (January 2025)) The final application window will be February 24, 2025, through March 10, 2025.
The second application period has $215 million available for allocation. Applications for the credit will be accepted at: