Wednesday, January 22, 2025

Newsom approves state budget with historic super-hit

California Governor Gavin Newsom.
By Pamela Cruz. Pen 360 Press [P360P]

Governor Gavin Newsom on Monday signed SB 129 into law as part of the 2021-22 state budget agreement, which includes the $100 billion California Recovery Plan.

California's Recovery Plan seeks to provide immediate cash support to middle-class families and businesses hardest hit by the pandemic, as well as state tax refunds and small business relief packages.