Sen. Dodd: Legislative Stimulus Package Approved
SACRAMENTO – Sen. Bill Dodd, D-Napa, issued the following statement today upon the passage by the Legislature of a $9.6 billion economic stimulus package to help California families and businesses struggling because of the coronavirus pandemic:
“I am proud to be a co-author of this legislation to bring immediate and much-needed relief to the people of California,” Sen. Dodd said. “The pandemic has caused untold hardship, and this stimulus is what’s needed to help get our state back on its feet. But the work is not done, and I will continue to advance policies that support workers, small businesses and families.”
The package first introduced by Gov. Gavin Newsom in January and approved in the Assembly and Senate provides immediate relief for individuals, families, small businesses and other key programs.
Among the highlights are:
- 5.7 million people who earn less than $30,000 a year, were excluded from the federal stimulus or are elderly and disabled will receive $600 one-time payments
- $2.1 billion in small business grants and $2 billion in small business tax cuts
- $115 million in business fee reductions
- $400 million in childcare funds for working families
- $120 million in college student assistance
Senator Bill Dodd represents the 3rd Senate District, which includes all or portions of Napa, Solano, Yolo, Sonoma, Contra Costa, and Sacramento counties. You can learn more about the district and Senator Dodd at www.sen.ca.gov/dodd.