LOS ANGELES (CBSLA) – A $9.2 billion relief package to benefit California’s small businesses, and the working poor, is on the way, lawmakers announced Wednesday.
With the economy still limping along because of COVID-19, Gov. Gavin Newsom said Wednesday help is on the way for small businesses.READ MORE: At Least 15 People Killed After SUV, Big-Rig Collide In Imperial County
The massive deal comes as California continues to see COVID-19 cases decline.
“Overall this is about protecting Californians and helping them get through the COVID-19 pandemic,” said Assemblyman Anthony Rendon, (D) Lakewood.READ MORE: Publication Ceases For 6 Dr. Seuss Books Due To 'Hurtful, Wrong' Portrayals Of Minorities
California small businesses will be eligible for grants up to $25,000. They will also be eligible for up to $150,000 in tax deductions.
Some small business owners are still skeptical, however, as they struggle to make it during the pandemic.
“If there’s something to apply for of course I will apply,” said Renee Kennedy, owner of Earth Baby Boutique. “I feel like in the end, I just get contacted by a bunch of loan companies.”MORE NEWS: Disneyland’s COVID Vaccine Site To Temporarily Close To Install Drive-Thru Access
The California stimulus package will also give $600 payments for individuals making less than $30,000. Families who missed federal stimulus payments, including undocumented immigrants, will be eligible to receive up to $1,200.