SB 370: California Music Festival Preservation Grant Program.

Existing law establishes the Office of Small Business Advocate within the Governors Office of Business and Economic Development, also known as GO-Biz, to serve the Governor as the lead entity for economic strategy and the marketing of California on issues relating to business development, private sector investment, and economic growth, among other duties. Existing law establishes various programs and offices within GO-Biz to assist business development. and provides for the appointment by the Governor of the Small Business Advocate, also known as the Director of the Office of Small Business Advocate, to, among other things, serve as the principal advocate in the state on behalf of small businesses.

This bill would state the intent of the Legislature to enact legislation that would provide equitable access and economic development opportunities for music festivals. The bill would include findings and declarations relating to these provisions. establish the California Music Festival Preservation Grant Program within the office, under the direct authority of the director, to provide grants to eligible independent live music events promoters to support their continued ability to provide equitable access to the arts for all Californians. The bill would specify requirements for eligibility and, subject to appropriation by the Legislature, would require the office to allocate the sum of $20,000,000 in grants to eligible independent live music events promoters that meet those requirements.