California’s Comeback Plan

What’s happening? Governor Newsom signed SB 129 (2021 | CA) that is a $100 billion California Comeback Plan that includes:

•  immediate cash relief to middle class families and businesses hit hardest by the pandemic
•  biggest state tax rebate in American history
• largest small business relief package in the nation
• Confronts homelessness and the housing affordability crisis
• Transforms public schools into gateways of opportunity
• Bolsters wildfire resilience and tackling climate change
• Builds the infrastructure of the next century

Why is this important? California is providing the biggest tax breaks in the country.

How will this be important? The impact may be felt by other states if Californians stay in California.

Office of California Governor Gavin Newsom | California Roars Back: Governor Newsom Signs $100 Billion California Comeback Plan to Accelerate State’s Recovery and Tackle Persistent Challenges