California lawmakers have approved Assembly Bill (AB) 80 legislation spearheaded by Assemblymember Autumn Burke (D-Inglewood). The legislation will give a $6.2 billion tax cut to small businesses across the state that received loans under the federal government’s Paycheck Protection Program (PPP).
The post $6.2 Billion Cal Fund Will Shield Small Businesses from COVID-Related Taxes appeared first on Los Angeles Sentinel.