CARES Act Archives - California Globe

Bill That Removes Loan Penalties From Retirement Plans Signed By Gov. Newsom

September 15, 2020 5:18 pm

During the weekend, Governor Gavin Newsom signed a bill that would align a part of state tax law to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, removing all penalties from loans off of employer-sponsored retirement plans. Assembly Bill...

Gov. Newsom Signs Three Small Business Related Bills

September 10, 2020 2:12 amSeptember 9, 2020 9:17 pm

On Wednesday, Governor Gavin Newsom signed 3 bills into law aimed at assisting small businesses and construction in California. Three bills signed by Gov. Newsom Senate Bill 1447, authored by Senator Steven Bradford (D-Gardena), was the first bill signed on...

EDD To Send Out Additional $900 For Most Unemployed Californians

September 8, 2020 6:37 am

On Monday, the Employment Development Department (EDD) began sending the additional $900 in federal unemployment funds to Californians who lost their job due to the COVID-19 pandemic. The funding, $300 per week for three weeks for those that had received...

CA Auditor Warns 18 State Agencies ‘High Risk’ for Waste, Fraud, Abuse of Federal COVID Funds

August 27, 2020 11:15 amAugust 27, 2020 11:16 am

California’s non-partisan State Auditor, Elaine Howle, warned Governor Gavin Newsom this week that she has very serious concerns about 18 state agencies responsible for doling out $17 billion in federal COVID-19 relief funds. These 18 departments have officially been added...

California Granted $4.5 Billion From FEMA For Supplemental Unemployment Benefits

August 23, 2020 8:16 am

On Saturday, the Employment Development Department (EDD) announced that they secured $4.5 billion from the Federal Emergency Management Agency’s (FEMA) Lost Wage Assistance Program to add extra money to state unemployment benefits. An extra $300 for 3 weeks for unemployed...

Los Angeles County Rent Relief Program Applicants Begin August 17th

August 11, 2020 7:25 pm

On Monday, Los Angeles County officials announced that a $100 million rent relief fund program will begin collecting applications on August 17th. The program, funded by the recent $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act block of...

Governor Newsom: President Trump’s Executive Order Would Decimate California’s Budget

August 11, 2020 2:39 pmAugust 11, 2020 2:45 pm

On Monday, Governor Newsom announced that President Donald Trump’s stimulus Executive Order would devastate the California budget by the state having to pay unemployed Californians $700 million a week out of budget. Governor Newsom balks at paying Californians an extra...