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State update: Alameda County‑sponsored SB 1,400 introduced; state revenues revised up
Summary
Consultant Jai O'Dentes told the committee that SB 1,400, an Alameda County‑sponsored bill to modernize AHS governance, was introduced; the Department of Finance reported $4.7 billion in additional personal income tax revenues and the LAO flagged $8 billion in upward revenue revisions for the current year.
Jai O'Dentes of Full Moon Strategies briefed the committee on state legislative activity and the fiscal outlook. "SB 1,400 by senator Adegin was introduced last week. This is the Alameda County sponsored bill, the measure 6 to amend the health and safety code to modernize the governance structure for AHS," O'Dentes said, noting the measure will enter the 30‑day print period and be referred to policy committees.
O'Dentes also summarized revenue updates: the Department of Finance reported personal income tax receipts about $4.7 billion above the January forecast, while the Legislative Analyst's Office projected larger increases across the three major revenue sources totaling about $8 billion above the governor's January proposal. O'Dentes cautioned that the LAO described some of those gains as linked to capital market variance and not necessarily ongoing revenue.
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