Republicans Applaud Adoption of Bipartisan Tax Policy in Budget Bill ...Middle East

Sacramento, CA…Struggling small businesses are getting a helping hand from the state and the efforts are much-needed. Taking a page out of the Republican playbook, the legislature has adopted tax conformity language for small businesses from Senate Bill 265 by Senator Andreas Borgeas (R-Fresno). Today, the California State Legislature passed Assembly Bill 80 to help struggling employers who received the Paycheck Protection Program (PPP) loans and can prove they incurred a 25% loss in business during the pandemic. For the past two months, Senator Borgeas led the efforts with Senate Bill 265 as the best measure to save struggling California businesses and protect jobs. Senate Bill 265 would

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