Finance

Pending
AB 412 (Soria, D-Merced)
Support
Two-year bill

AB 412 would create the Distressed Hospital Loan Program, until Jan. 1, 2032, for the purpose of providing loans to not-for-profit hospitals and public hospitals in significant financial distress, to prevent the closure or facilitate the reopening of a closed hospital.

Mark Farouk

Job title:
VP State Advocacy
Phone number:
916-552-7673

Robert Ducay

Job title:
VP Policy
Phone number:
916-552-7643
Pending
AB 1131 (Garcia, D-Coachella)
Support
Two-year bill

AB 1131 would establish the Hospitals First Revolving Fund to offer grants and low-cost loans to hospitals in rural and medically underserved communities to prevent the closure of a hospital or facilitate the reopening of a closed hospital.

Mark Farouk

Job title:
VP State Advocacy
Phone number:
916-552-7673

Robert Ducay

Job title:
VP Policy
Phone number:
916-552-7643
Pending
SB 870 (Caballero, D-Merced)
Support
Two-year bill

SB 870 would extend the managed care organization (MCO) tax to an unspecified date and would reorganize the taxing tiers of the MCO tax to fund the nonfederal share of Medi-Cal managed care rates.

Mark Farouk

Job title:
VP State Advocacy
Phone number:
916-552-7673

Ben Johnson

Job title:
VP Policy
Phone number:
916-552-7620