Posts Tagged: bonta
Digitally tracking the performance of investment products in the bond market. (Illustration: Vintage Tone, via Shutterstock)
OPINION: Thanks to Assembly Bill 33, introduced by State Assemblyman Rob Bonta, the California State Legislature will spend time and resources to codify an issue that California pensioners have spoken on before: divesting from high-performing funds for political purposes.AB 33, as written, would require that state retirement systems, namely California Public Employees Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS), divest of all investments in private corrections companies and disallow investing in those same companies in the future.
A jail inmate in handcuffs awaits word on his case. (Photo: sakhorn, via Shutterstock)
On any given day, thousands of jailed people are awaiting trial, sentencing or hearings in any of California’s 58 counties. Many are in custody because they cannot afford to post bail. Legislation to allow people to be free while their case is in the Legislature and its fate will be decided by midnight Aug. 31 when lawmakers adjourn.
Huge changes, and a considerable amount of uncertainty, are facing the health care industry as California works to implement the federal Affordable Care Act (ACA). Hospitals must ensure there are enough beds and services, and health care professionals, to meet the needs of millions of Californians who, for the first time, will be able to