Excerpted from Sierra News Online
By SNO staff
Senate Bill 74, with 36 Democrat and 27 Republican sponsors, is a true bipartisan and bicameral small business relief package jointly authored by Senators Andreas Borgeas (R-Fresno) and Anna Caballero (D-Salinas), and principally co-authored by Assemblywoman Cottie Petrie-Norris (D-Laguna Beach). And while Governor Gavin Newsom’s additional request of $575 million to the grant relief program is a step in the right direction, more capital investment is needed to keep California’s job creators afloat. SB 74 also contains an urgency clause to go into effect immediately upon approval.