Establishes the Employer Responsibility for Medi-Cal Trust Fund to maintain Medi-Cal coverage in California.

California AB2729 creates the Employer Responsibility for Medi-Cal Trust Fund within the State Treasury. The fund will receive new taxes and deposits, including employer penalties, to support the Medi-Cal program. Moneys in the fund are continuously appropriated to the State Department of Health Care Services to prevent loss of or restore health care coverage, benefits, or access to care following federal actions. The fund aims to ensure affordable and comprehensive health care coverage for all Californians, particularly those disproportionately affected by recent federal actions.

Establishes the Employer Responsibility for Medi-Cal Trust Fund to maintain Medi-Cal coverage in California.

California AB2729 creates the Employer Responsibility for Medi-Cal Trust Fund within the State Treasury. The fund will receive new taxes and deposits, including employer penalties, to support the Medi-Cal program. Moneys in the fund are continuously appropriated to the State Department of Health Care Services to prevent loss of or restore health care coverage, benefits, or access to care following federal actions. The fund aims to ensure affordable and comprehensive health care coverage for all Californians, particularly those disproportionately affected by recent federal actions.