The proposal would impose a one-time, 5% tax on individuals whose net worth exceeds $1 billion and who were living in the state as of Jan. 1, 2026.
Trump said the move will help improve healthcare access for low-income Americans.
It was a busy day in Sacramento as California lawmakers looked to deal with all the confusion surrounding vaccines. It was a last-minute move Saturday to secure access to vaccines as cold and flu season closes in.
A U.S. appeals court panel on Thursday allowed President Donald Trump's administration to block Medicaid funds to Planned Parenthood while legal challenges continue.
Planned Parenthood Mar Monte permanently shut the doors on five of its Northern California health centers Thursday, saying its hand was forced by President Trump's One Big Beautiful Bill.
ICE officials will be given access to the personal data of the nation's 79 million Medicaid enrollees, including home addresses and ethnicities, to track down immigrants who may not be living legally in the United States.