Ben Hueso
- Democratic
Author
Existing law, the Economic Revitalization Act, establishes the Governor's Office of Business and Economic Development, also known as "GO-Biz," within the Governor's office to serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth, as provided. Existing law also requires the Office of the Small Business Advocate, established within GO-Biz, to administer the California Small Business COVID-19 Relief Grant Program for the purpose of providing grants to qualified small businesses affected by COVID-19 in order to support their continued operation. This bill would create the Racial and Economic Equity Grant Program, administered by GO-Biz, for the purpose of providing grants to address disproportionate impacts borne from the COVID-19 pandemic, as defined, and the lack of critical physical and social infrastructure, resulting from chronic underinvestment, in key segments of the economy of this state. The bill would appropriate $3,300,000,000 from the General Fund, to be used to provide grants under the program, and require GO-Biz to allocate those moneys for specified purposes and in accordance with specified objectives. The bill would require GO-Biz to develop guidelines for the distribution of grants under the program, as provided. This bill would declare that it is to take effect immediately as an urgency statute.
No votes to display
Returned to Secretary of Senate pursuant to Joint Rule 56.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on B., P. & E.D.
April 5 set for first hearing canceled at the request of author.
Set for hearing April 5.
Re-referred to Coms. on B., P. & E.D. and GOV. & F.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)
(Ayes 32. Noes 4.)
Art. IV. Sec. 8(a) of the Constitution dispensed with.
From printer. May be acted upon on or after March 20.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB471 | HTML |
| 02/17/21 - Introduced | |
| 03/11/21 - Amended Senate | |
| 04/21/21 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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