Bill > SB370

This bill establishes the California Music Festival Preservation Grant Program within the Governor's Office of Business and Economic Development (GO-Biz), which will provide $20 million in grants to support independent live music events promoters. The program aims to help these promoters continue providing equitable access to arts for all Californians. To be eligible, a promoter must be a specific type of business entity (such as a sole proprietorship, corporation, nonprofit, etc.) that primarily organizes live music events with ticket fees and paid performers, and generates at least 70% of its revenue from ticket sales, production fees, or event-related sales. The grants will be allocated in one or more rounds, subject to legislative appropriation, and will be administered directly by the office's director. While the original bill text included findings about the economic benefits of music festivals (such as their impact on local businesses, job creation, and tourism), these declarative sections were removed in the final version of the bill, focusing instead on the specific grant program mechanics.

Budget and Finance, Business and Industry

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB370