Groundbreaking legislation is one of a few bills that will provide significant assistance to our small businesses as they struggle with the devastating impacts of COVID-19.
SACRAMENTO – Today, Senator Anna M. Caballero joined Governor Gavin Newsom in signing key legislation aimed at helping to provide significant assistance to small businesses- many of whom are minority and women ownedstruggling due to COVID-19. Senate Bill 1447 provides a direct incentive through tax credits to small businesses who hire employees, including those who previously worked with them for years. At a time when many small businesses are debating whether they will ever re-open or be able to come back to their pre-COVID size, the message is clear: small businesses need our support more than ever.