Budget

In Progress
AB 104 (Gabriel, D-Encino) and SB 104 (Senate Budget and Fiscal Review Committee)
Support
AB 104 passed the Senate, and the Assembly agreed to the Senate amendments on July 17. It is now pending the governor’s action. SB 104 is now moot with the passage of AB 104.

AB 104 and SB 104 would, among other provisions, extend the repayment period for loans issued through the Nondesignated Public Hospital Bridge Loan Program, administered by the California Health Facilities Financing Authority.

AB 104 Senate Budget and Fiscal Review Committee Support Letter

Mark Farouk

Job title:
Vice President, State Advocacy

Ben Johnson

Job title:
Group Vice President, Financial Policy
In Progress
ACA 1 (Valencia, D-Anaheim)
Follow
Introduced on Dec. 2.

ACA 1 would allow for increasing state budget reserves into the Budget Stabilization Account and exempting those funds from the state appropriations limits. Increased budget reserves would potentially protect Medi-Cal from cuts during difficult fiscal years.  

Mark Farouk

Job title:
Vice President, State Advocacy

Adam Dorsey

Job title:
Group Vice President, Financial Policy