I believe that there should....

Where did you get that idea?

The TCJA introduced an 80% limitation on NOL deductions for losses arising in taxable years beginning after December 31, 2017, California has not conformed to this federal change. Therefore, for California tax purposes, there is no 80% limitation on NOL deductions.

https://www.ftb.ca.gov/tax-pros/law/legislation/2021-2022/AB2065-021422-031722.pdf​

Also see the FTB's instructions for Form 3805V, "Net Operating Loss (NOL) Computation and NOL and Disaster Loss Limitations 

https://www.caltax.com/spidellweb/public/marketing/pages/Nonconformity-TCJA.pdf?utm_campaign=1290377...