Attorney General Rob Bonta (Photo: AP/Rich Pedroncelli)New regulations approved this month will dramatically change the operations of California’s cardrooms and are expected to take a sizable bite out of not only their revenues but that of several cities. The changes, however, are in line with what the state’s gaming tribes have been pushing for.
Capitol and flag, by Karin Hildebrand LauTrump 2.0 is already in full swing and California leaders are as well. Budget bills related to the L.A. fires are ready to go, and the Capitol says goodbye to an old friend.
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