Biocom - Life Sciences Association of California
Close
Call
Profile
San Diego  |   Los Angeles  |   Washington, DC  |   Tokyo
cONTENT bLOCK
Left
Left

Public Policy Newsletter

usa flag

State Affairs

Governor Releases Proposed State Budget
On January 10, Governor Jerry Brown unveiled his proposed 2017-18 state budget.  The proposed budget accounts for a potential slowing of the economy and uncertainties about near-term federal government action by bolstering the state’s “rainy day fund” to address such contingencies.  

Biocom’s contract Sacramento lobbyist, Sloat, Higgins Jensen & Associates, prepared this comprehensive budget summary explaining the provisions of Governor Brown’s budget.  

Of the health provisions, the summary states “The Budget includes $154.6 billion ($34 billion General Fund and $120.6 billion other funds) for all health and human services programs. After accounting for Proposition 56 funds, Medi‑Cal General Fund spending is projected to increase 7 percent from $17.8 billion at the 2016 Budget Act to $19.1 billion in 2017‑18. The incoming presidential administration and leaders in Congress have suggested major changes to the Medicaid program. At this point, it is not clear what those changes will be or when they will take effect. As such, the Budget continues to reflect existing state and federal law, but the Governor acknowledges the fiscal uncertainties and potential cost impact for the state budget.”

The next major landmark in the budget approval process will be when the Governor releases his May Revision in mid-May, when expected revenues for 2017-18 can be more accurately projected.  Biocom will continue to monitor the budget process, and keep you apprised of significant developments.
Upcoming Public Policy Events
calendar-icon.png
Mar
14
Annual Biocom PAC Legislative Staff Appreciation Reception
Tuesday
March 14, 2017
5:00 PM
calendar-icon.png
Apr
5
Oncology Advocacy Fly-In
Wednesday
April 5, 2017
4:00 PM