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California Governor Unveils Tax Rebate Plan Dedicating $5.2 Billion Toward Owed Rent

Newsom's Proposal Comes Weeks Before State Is Set To Fully Reopen
California Gov. Gavin Newsom, in Sacramento,  has proposed a tax rebate plan meant to help the state recover from the pandemic. (Getty Images)
California Gov. Gavin Newsom, in Sacramento, has proposed a tax rebate plan meant to help the state recover from the pandemic. (Getty Images)

California Gov. Gavin Newsom announced a $100 billion tax rebate package that includes money to help low-income residents pay back 100% of overdue rent payments accrued in the pandemic in what he describes as the country's largest statewide renter assistance program.

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News | California Governor Unveils Tax Rebate Plan Dedicating $5.2 Billion Toward Owed Rent