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Committee advances bill to create state recovery grants for small businesses and nonprofits after wildfire testimony
Summary
AB 265 would create a state-funded recovery grant program to help small businesses and nonprofits recover from declared emergencies; the Senate Business committee advanced the bill after hearing from disaster recovery practitioners.
Assemblymember Kiley presented AB 265, the Small Business and Nonprofit Recovery Act, proposing a state-administered grant program to provide financial assistance to small businesses and nonprofit organizations impacted by declared states of emergency. The author said federal disaster programs often leave small firms and charities ineligible or face long delays, leaving businesses at risk of permanent closure.
Witnesses included Susie Pryor, regional director, California SBDC, and Jennifer…
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