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Asm. Valencia, State Leaders, Announce the Save For California’s Future Act to Strengthen the Rainy Day Fund, Fiscal Responsibility to Protect Future Generations

SACRAMENTO, CA – On Tuesday, the Assembly, Senate and Governor announced the Save For California’s Future Act — a constitutional amendment that strengthens the rainy day fund to better prepare for economic uncertainty and protect future generations of Californians. Through this act, California will help protect core programs and safeguard access to critical resources that millions rely on by increasing the cap on the state’s rainy day fund. California families understand and expect responsible financial planning — setting aside savings during the good times to prepare for unexpected challenges should they come. The state must continue to operate with the same fiscal prudence.

Assemblymember Valencia (D-Anaheim) Amends AB 2194

SACRAMENTO, CA – Assemblymember Valencia (D-Anaheim) announced amendments to Assembly Bill 2194 that would establish an independent nominating committee that would select seven members of the CalOptima Health Board of Directors to strengthen oversight of the agency serving nearly 900,000 low-income Orange County residents.