California $600 stimulus check: more support for small businesses announced
Rolled into the record-breaking stimulus bill in the Golden State signed by lawmakers this week, California state is also planning to waive fees owed to the state by small businesses.
Hundreds of thousands of small businesses from restaurants to nail salons will not have to pay licensing fees until 2023, under California’s $7.6 billion stimulus measure signed by Gov. Gavin Newsom Tuesday.
Many of their professional employees also can skip state licensing fees.
About 59,000 restaurants and bars won’t have to pay annual fees to renew their Department of Alcoholic Beverage Control licenses, which can range from $455 to $1,235.
Some 53,000 beauty establishments such as barber shops will have their renewal fees waived, saving $40 every two years for the owners and of $50 every two years for the employees.
The fee waivers will cost the state about $70 million.