At an informational hearing held by the Select Committee on Small Business and Entrepreneurship, legislators, economists, advocates and small business owners discussed the state of recovery for small businesses. As California emerges from the COVID-19 Pandemic, these experts highlighted critical challenges facing the small business community and offered specific policy
Thursday is the final day for homeowners and small businesses to pay base property tax without penalty and complete and submit the COVID-19 penalty cancellation request form if they have been directly affected by COVID-19. The Governor’s Executive Order provides for penalty cancellations for certain homeowners and small businesses that
Senator Dave Min (D-Irvine) today unveiled the details of his Senate Bill (SB) 408, which provides additional relief for small businesses in the dining and hospitality industries that have been negatively impacted by the COVID-19 driven economic downturn. New reports indicate the economic rebound boosting the profits of Wall Street
Governor Gavin Newsom signed a bill that will give small businesses hit hardest by this pandemic a $6.2 billion tax cut over the next six years – a critical lifeline that will help get our small businesses back on their feet and an important component of California’s economic recovery strategy.
Struggling small businesses are getting a helping hand from the state and the efforts are much-needed. Taking a page out of the Republican playbook, the legislature has adopted tax conformity language for small businesses from Senate Bill 265 by Senator Andreas Borgeas (R-Fresno). The California State Legislature passed Assembly Bill
With states gradually reopening but around 100,000 businesses having closed permanently during 2020, WalletHub today released its report on the States With the Most Pandemic-Proof Small Businesses, along with accompanying videos. To identify the states where businesses have the greatest potential to recover, WalletHub compared the 50 states and the
With vaccination efforts allowing states to reopen more and more but the unemployment rate still high at 6.2%, WalletHub today released updated rankings for the State Economies Hit the Most by Coronavirus, as well as accompanying videos. To identify which states are most vulnerable economically, WalletHub compared the 50 states
Starting April 5, 2021, eligible small businesses in Huntington Beach can apply to receive $5,000 micro-grants being offered through the City’s COVID-19 Small Business Micro-Grant Program. A total of $648,000 in funds will be distributed to support the Huntington Beach small businesses which form the backbone of our local economy.
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
Small businesses are receiving a helping hand as portions of the legislative measure authored by Republican Senator Andreas Borgeas (R-Fresno) are incorporated into the state budget. Senator Borgeas and members of the California State Senate Republican Caucus, who are coauthors of this bipartisan measure, have been pushing the Governor and
To support employers across the state that have been hit hard by the COVID-19 pandemic, a coalition representing restaurants, retailers, health care providers and other businesses have joined forces to protect the ability of small businesses across the state to keep their doors open by allowing those that have received
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the University of Southern California, Los Angeles, California to develop a technical assistance program in support of small businesses and communities in Southern California. This EDA grant will be matched with $375,022 in local
Assemblywoman Janet Nguyen joined bi-partisan efforts to bring relief to small businesses struggling during the COVID-19 pandemic. Senate Bill 74, also known as the “Keep California Working Act”, is aimed at helping our community’s small businesses that make up 97% of California businesses. “Small businesses, their employees and their families