Governor Newsom signs legislation to ensure corporations pay their fair share, protecting vital services for Californians

~ SACRAMENTO - In a move to protect vital services for Californians, Governor Gavin Newsom has signed into law the Fair Share from Big Corporations Act. The legislation, also known as Senate Bill 177, aims to ensure that large corporations pay their fair share of the cost of employee health benefits.

The new law is a significant step forward in holding the state's largest corporations accountable for the public costs of health coverage for their employees. This will prevent these companies from shifting the burden onto taxpayers.

Governor Newsom emphasized the importance of this legislation in protecting working families and defending access to healthcare. He stated, "California supports innovation, investment, and the businesses that drive our economy. But we also believe the biggest and most profitable companies should do their fair share."

The signing of SB 177 was met with support from members of SEIU and Health Access who gathered as Governor Newsom put his signature on the bill.

Senate President pro Tempore Monique Limón expressed her pride in championing this act, stating that it will ease the burden on taxpayers caused by federal healthcare cuts. She also highlighted the need for large corporations to pay their fair share.

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Speaker of the Assembly Robert Rivas echoed this sentiment, stating that if Congress fails to reverse Trump's healthcare cuts, California will need to find new ways forward. He believes that this legislation is a step towards finding a balance that protects workers, taxpayers, and California's economy.

Senator John Laird emphasized how this legislation strengthens Medi-Cal and protects taxpayers while ensuring that large employers contribute fairly towards their workforce's healthcare costs.

Assemblymember Mia Bonta highlighted how federal cuts have resulted in Californians losing healthcare coverage while large corporations continue to profit. She believes that this bill is a victory for advocates within and outside the Legislature as it takes a common-sense approach towards ensuring corporations pay their fair share.

In other news, California has continued its crackdown on illegal cannabis, seizing over 63,000 pounds of the drug in just three months. This coordinated enforcement operation has resulted in the seizure of over 841,000 pounds of illicit cannabis worth more than $1.3 billion.

Governor Newsom also announced appointments to various positions, including Jaci Thomson as Deputy Director of the Interagency Support Division at the California Department of General Services.

Furthermore, in an effort to combat wildfires, Governor Newsom has launched "FireSat" wildfire-detection satellites that can spot blazes from space. This is part of the state's multi-year investments in wildfire prevention and protection measures. While President Trump has slashed funding for these efforts, California is leveraging technology to protect its communities.

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