California Governor Gavin Newsom presented his $100 billion California Comeback Plan, the biggest economic recovery package in California history. The Governor’s Plan outlines comprehensive strategies and major investments in key areas so that California can come roaring back from the pandemic.
Immediate Relief for California’s Small Businesses
Largest small businesses relief program in the nation: The Plan invests an additional $1.5 billion for a total of $4 billion in direct grants to California’s small businesses – on top of a massive $6.2 billion tax cut – putting more money directly into the pockets of hundreds of thousands of small business owners and helping them re-hire workers displaced by the pandemic.
Additional details on the Governor’s Plan can be found at www.ebudget.ca.gov