Despite California’s significant budget surplus, legislators are continuing to propose burdensome taxes affecting the life sciences industry, among many others. The two tax bills most recently raising alarms among CLSA staff and membership are Senate Bill 993 (Hertzberg) and Assembly Bill 2731 (Gipson).
AB 3087 would create a California commission to set commercial rates for health plans, providers, and hospitals in an attempt to curtail health care costs. CLSA has considered the bill as a blunt instrument for an incredibly complex issue and consequently likely to result in substantial unintended consequences, many of which could impact patient care in California for many years to come.
Last year, Governor Brown signed Senate Bill 17 in law, which requires manufacturers to provide a 60-day advance notice of any price increase on a drug to all California public agency purchasers, health insurers, and pharmacy benefit managers (PBM) if that drug’s price has increased 16 percent or more cumulatively over the previous two calendar years, including the current year’s increase.
On April 18, CLSA partnered with the Lawrence Berkeley National Labs and the Council on Competitiveness to provide a briefing to members and staff of the California State Legislature on the status of California’s bioeconomy.
Governor Jerry Brown will be termed out this November, setting the stage for over 50 candidates who have filed statements of intention, though only a few have reported any noteworthy fundraising activity.
2018 presents many unique political opportunities for California. With three special elections to fill recent vacancies in the legislature, a gubernatorial race, and a host of ballot measures, the results of 2018 are certain to change the political landscape for the foreseeable future.
As of March 31, five statewide ballot propositions had been certified for 2018. The state legislature has until Aug. 31, 2018, to refer additional propositions for the ballot. A summary of these propositions are below.
The CLSA PAC is gearing up for multiple events in the upcoming quarter, including events for Senator Dr. Richard Pan, Assemblymember Marc Berman, Assemblymember Cecilia Aguiar-Curry, Assemblymember Blanca Rubio, and a candidate from the Senate District 22, Susan Rubio.
Contributing to CLSA PAC has never been easier. This year, CLSA PAC added an online form feature to its website where you can make a contribution in three simple steps.
CLSA’s Political Action Committee (CLSA PAC) has been identifying candidates who are supportive of our industry and can become our champions in the California State Legislature. The PAC has held multiple meet and greets with incumbents and special election candidates as we ramp up for the 2018 elections.