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AB 87 / SB 113 (Committee on Budget and Fiscal Review): Economic relief: COVID-19 pandemic

  • Writer: SWCLC
    SWCLC
  • Mar 21, 2022
  • 1 min read

There was a California Emergency Relief fund created for the purpose of providing emergency relief to small businesses impacted by the COVID-19 pandemic. AB 87 and SB 113 support the 2022-23 State Budget that restores the net operating loss deduction and business incentive tax credits that were originally suspended and capped in the 2020-21 budget.


A support position on AB 87/SB 113 was requested from the Cal Chamber. We supported the bill and participated in the coalition letter on the following platform citation: Taxation & Government Reform 8: Support state programs that secure tax credits for targeted work training programs.




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About SWCLC

The Southwest California Legislative Council is a business advocacy coalition focusing on sustainable job growth for our region and the state.

Mailing Address:
26790 Ynez Ct,
Temecula, CA 92591

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