On March 12th, 2020 Sacramento approved a $1 million economic relief package consisting of zero-interest loans of up to $25,000 for small businesses hurt by COVID-19. These loans will focus on restaurants, retail, daycare. They will be paid out on a first-come-first-serve basis. Details are emerging; however, we know this will come in the form of zero-interest loans of up to $25,000 based on demonstrated need and be supported by a small business hotline. Further details are yet to be provided on how to apply; however, we are actively monitoring it. To reviewing the meeting, or obtain for info, please visit: https://sacramentocityexpress.com/2020/03/12/sacramento-city-leaders-announce-emergency-measures-to-help-residents-and-businesses-affected-by-covid-19/.
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California has required employers to “indemnify” employees for “necessary expenditures or losses incurred by the employee in direct consequence of the discharge of his or her duties, or of his or her obedience to the directions of the employer” in substantially the same terms since 1937 under Labor Code § 2802.
