Posts Tagged: insulate

Virginia corruption case may resonate in California

Former Virginia Gov. Bob McDonnell at a GOP fund raising event for Mitt Romney. (Photo: Mavrick, Shutterstock)

by GREGORY J. ROLEN posted 09.01.2016

OPINION: The U.S. Supreme Court’s recent decision to vacate the bribery conviction of former Virginia Gov. Bob McDonnell has implications for California and its anti-corruption statute. The trial jury found that McDonnell performed official acts in exchange for gifts. But the Supreme Court decided that the jury was incorrectly instructed on the definition of the “official act” element of the federal corruption statute.

Calpensions: Employer and employee groups are urging CalPERS to “undertake all efforts” to avoid the “Cadillac Tax,” a 40 percent tax on high-cost health plans imposed in 2018 by President Obama’s health care law, a CalPERS staff report said this month. But it’s far from clear that one of those efforts will be Gov. Brown’s proposal to give state workers the option of a low-cost plan with a high deductible, even though the administration mentions the looming penalty tax as a reason for offering the plan.