The State Assembly and State Senate have adopted their one house budget proposals setting the stage for final budget negotiations. We’ve been advocating for substantial funds for small business relief to be included in these proposals, with a pool of funds specifically designated for our industry – and we were not disappointed. Both the Assembly and Senate set aside $1B from the federal relief received by the State for small business relief. The final amount allocated for this fund and how it will be distributed will be the subject of negotiations between the Legislative Leaders and the Governor over the next two weeks. Stay tuned!