By: Zachary Lopez (ZachNews):
Source: Office of the Governor of California Gavin Newsom (Information):
California: Governor Gavin Newsom has signed on Tuesday, February 23rd, 2021 the COVID-19 relief package that includes $600 stimulus payments.
Governor Gavin Newsom signed the COVID-19 relief package during a bill-signing ceremony news conference at Solomon’s Deli in Sacramento, California.
Picture: Office of the Governor of California Gavin Newsom (Courtesy):
“The backbone of our economy is small business. We recognize the stress, the strain that so many small business have been under. And we recognize as well our responsibility to do more and to do better to help support these small businesses through this very difficult and trying time,” said California Governor Gavin Newsom.
The COVID-19 relief package that State lawmakers approved on Monday, February 22nd, 2021 that will give at least $600 one-time payments to 5.7 million people while setting aside more than $2 billion in grants for struggling small businesses.
California Governor Gavin Newsom announced via Twitter on Monday the COVID-19 relief package aimed at helping lower-income people through the COVID-19 pandemic.
“The economic relief package with the Legislature that includes: $2 BILLION in grants for small businesses (QUADRUPLED), Fee relief for 59,000 restaurants/bars, Fee relief for 600,000 barber & cosmetology businesses and $600 stimulus checks for 5.7 million Californians,” California Governor Gavin Newsom tweeted via twitter.
The COVID-19 relief package includes $3.7 billion to pay at least $600 in one-time payments to about 5.7 million people. Most of these people will get the money by claiming the California earned income tax credit on their tax returns. In general, those are people who make $30,000 per year or less.
The money from the COVID-19 relief package will also go to people who earn under $75,000 per year and use an individual taxpayer identification number to file their income taxes. These are people who don’t have Social Security numbers, including immigrants who were ineligible for the federal stimulus payments Congress approved last year.
More information is still coming into ZachNews.