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This type of federal coverage transform you will significantly interrupt California’s ability to make and you can allocate MCO income tax cash. Such alter may cost Ca massive amounts inside federal money yearly. Their design need to be occasionally approved by the government in order to conform to Medicaid financing laws and regulations, and you can suggested federal change you may honestly restriction how says play with merchant fees to attract down federal finance. Suggestion 35, and that voters acknowledged within the November 2024, significantly altered just how county policymakers are able to use revenue from the Managed Worry Company (MCO) taxation.
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