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S08865 Summary:
| BILL NO | S08865 |
| SAME AS | SAME AS A10901 |
| SPONSOR | HOYLMAN |
| COSPNSR | BIAGGI, JACKSON, KENNEDY, MAY, MYRIE, RIVERA, SALAZAR, SEPULVEDA, SERRANO |
| MLTSPNSR | |
| Relates to suspending rent payments for certain tenants due to the state of emergency declared by Executive Order No. 202, where they have lost earned income or were forced to close their place of business; requires landlords to accept 20 percent or one-third of contractual rent each month; requires the superintendent of the department of financial services to establish and implement an interim commercial rent relief program to support covered tenants and landlords impacted by the COVID-19 pandemic. | |