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Committee advances statewide medical-debt relief measure

California State Assembly Banking and Finance Committee · April 20, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Majority Leader Agar Curry and witnesses urged passage of AB 2123 to create a medical-debt relief program modeled on a Los Angeles County pilot that bought and canceled qualifying debt; the committee voted to send the bill to Appropriations.

The Assembly Banking and Finance Committee moved AB 2123 out to the Committee on Appropriations after supporters described a plan to purchase and cancel qualifying medical debt for low‑ and middle‑income Californians.

Majority Leader Agar Curry framed the bill as a response to widespread medical bills, saying nearly "40 percent of our…

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