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Economic Recovery

Economic Recovery

COVID-19 has altered nearly every aspect of our lives and brought a halt to much of California’s economy. Looking forward, there is a lot of work that needs to be done to set California on a path to recovery.

As part of our legislative working group on economic recovery, I am focused on 3 critical areas:

  1. Stabilizing small businesses
  2. Creating good jobs & developing the CA workforce
  3. Investing in green infrastructure

Related Legislation includes:

  • SB 74: Keep California Working Act – Invests $2.6 billion in grants for small businesses and nonprofit organizations that have experienced economic hardship resulting from the COVID-19 pandemic. (2021-22)
  • AB 265: Ensures the state retains high-quality jobs that help provide critical lab services in the fight against COVID-19 and other health crises faced by Californians. (2021-22)
  • AB 593: The Golden State Innovation Act – Restores the Research and Development (R&D) Tax Credit and Net Operating Loss (NOL) deductions for Life Sciences companies in California. (2021-22)

For more on this topic: