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California bill to create $20 million festival grant program wins committee support over fiscal objections
Summary
SB 865 would create a GO‑Biz-administered Music Festival Preservation Grant to support multi-day independent festivals; proponents said festivals generate millions in local economic activity, while at least one senator questioned allocating $20 million in grants during a deficit year.
The Senate Business and Professions Committee voted to move SB 865, the Music Festival Preservation Act, to the Senate Appropriations Committee after a robust presentation from industry and local tourism representatives and a fiscal concern raised by a committee member.
Sponsor testimony described the bill as a way to create a grant program within the Governor’s Office of Business and Economic Development (GO‑Biz) to help multi‑day independent music festivals cover rising production costs and remain in California.…
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