California Providing $500M In Virus Aid For Small Businesses

SACRAMENTO, Calif. (AP) – California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions. Gov. Gavin Newsom on Monday announced the measures, which he says could be worth billions of dollars to businesses. Many are struggling to stay afloat after months of restrictions and lower sales because of the COVID-19 pandemic, which in recent weeks has surged to record levels. Newsom says the tax relief and grants are designed to provide aid until the Legislature can meet in the new year and work with him to provide more relief.