Office of the Governor via AP
Governor Gavin Newsom signed new legislation into law on Tuesday morning, providing at least $600 to 5.7 million Californians.
Only one day after the state passed the legislature, the payments are a part of a relief package aiming to help those with low-to-moderate incomes survive the pandemic.
“As we continue to fight the pandemic and recover, I’m grateful for the Legislature’s partnership to provide urgent relief and support for California families and small businesses where it’s needed most,” said Governor Newsom in an official statement.
$7.6 billion in relief is coming to families, small biz & those who need it most. pic.twitter.com/q9MscboPHC
— Office of the Governor of California (@CAgovernor) February 23, 2021
“From child care, relief for small business owners, direct cash support to individuals, financial aid for community college students and more, these actions are critical for millions of Californians who embody the resilience of the California spirit,” continued Newsom.
In comparison to the federal relief checks Congress approved in 2020, fewer people will get these payments. However, California lawmakers aim to provide money to those who were left out of the previous checks.
Those who are eligible include individuals who claim to make $30,000 or less per year, immigrants who pay taxes and make $75,000 or less, and people who receive assistance from programs assisting low income families or those with disabilities. People who fit into both categories will get $1,200 instead of $600.
The $7.4 billion also includes more than $2 million in grants for small businesses as well as waives about $25.6 million worth of business fees for struggling restaurants and salons.
People who are eligible should get the money between 45 days and 60 days after receiving their state tax refunds, according to the Franchise Tax Board.