Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Assembly committee advances $100 million small-business, nonprofit recovery program
Summary
The Assembly subcommittee voted unanimously to pass AB 265 to appropriations, a bill that would create a $100 million state fund to provide emergency recovery grants to small businesses and nonprofits impacted by declared states of emergency.
Assemblymember Colosa urged the Assembly Economic Development, Growth and Household Impact Committee to approve Assembly Bill 265, a proposal to create a $100,000,000 state-funded recovery program for small businesses and nonprofit organizations affected by declared states of emergency.
The bill would direct funding through the Office of the Small Business Advocate to provide financial assistance to businesses and nonprofits that do not qualify for or are delayed by federal disaster assistance, according to Colosa. "This act would establish $100,000,000…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
