Excerpted from The OC Breeze
Governor Gavin Newsom, Senate President pro Tempore Toni G. Atkins and Assembly Speaker Anthony Rendon announced a $9.6BB economic recovery package, including immediate actions to substantially increase aid for California small businesses & nonprofits who have been devastated by the COVID-19 pandemic.
“This is a terrific result. The momentum generated by Senate Bill 74 – the Keep California Working Act – has helped deliver an additional $1.5 billion in immediate economic relief for small businesses and nonprofits,” said SB 74 Principal Co-Author Assemblywoman Cottie Petrie-Norris (D-Laguna Beach). “When local businesses prosper, our entire community thrives. Investing the State’s budget surplus directly into main street will keep businesses open and protect California jobs after the ravages of this pandemic.”