NewsNewsom Signs Paid Sick Leave Extension
At a press event in Oakland, Governor Gavin Newsom signed legislation extending COVID-19 supplemental paid sick leave. He also signed early budget action to provide an additional $6.1 billion in tax relief, tax credits and direct grants for businesses.
“As California continues to lead the nation’s economic recovery, today’s action deepens our commitment to supporting the workers and businesses that have sustained us all during this unprecedented pandemic and are driving our economy,” said Newsom. “We’re ensuring that workers have the time they need to take care of themselves and their loved ones, expanding our nation-leading small business relief grant program and supporting the businesses whose innovation and entrepreneurial spirit help make California the 5th largest economy in the world.”
Specifically, SB 114 by the Committee on Budget and Fiscal Review provides employees access to up to 80 hours of COVID-19 supplemental paid sick leave through September 30, 2022. SB 113 by the Committee on Budget and Fiscal Review provides a nearly $500 million tax cut for restaurants and venues; restore $5.5 billion in tax credits and deductions for California businesses; and invests $150 million in COVID-19 relief grants for California’s small businesses.
For the Governor’s office press release, please see https://www.gov.ca.gov/2022/02/09/governor-newsom-signs-paid-sick-leave-extension-expanded-relief-for-small-businesses-and-historic-package-to-promote-innovation-and-entrepreneurship-in-california/.