California § 14124.50. 14124.50. (Added November 5, 2024, by initiative Proposition 34, Sec. 1.)

California Statutes

§ 14124.50. — 14124.50. (Added November 5, 2024, by initiative Proposition 34, Sec. 1.)

California § 14124.50.

JurisdictionCalifornia

Code WICWelfare and Institutions Code - WIC

Div. 9.DIVISION 9. PUBLIC SOCIAL SERVICES

Part 3.PART 3. AID AND MEDICAL ASSISTANCE

Ch. 7.CHAPTER 7. Basic Health Care

Art. 3.3.ARTICLE 3.3. Protect Patients Now Act of 2024

This text of California § 14124.50. (14124.50. (Added November 5, 2024, by initiative Proposition 34, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Welfare and Institutions Code - WIC Code § 14124.50. (2026).

Text

State and Local Grants and Contracts Eligibility

(a)

(1)The people of California hereby find and declare that their state and local tax dollars should not be awarded to prescription drug price manipulators that violate the discount prescription drug program’s intent to treat patients who are medically uninsured, on marginal incomes and have no other sources to turn to for preventive and primary care services and to reach more eligible patients and provide more comprehensive services to low-income and most vulnerable patients.

(2)The people of California further find and declare that protecting their state and local tax dollars in this manner is a matter of statewide concern.

(b)Therefore, in addition to the requirements of subdivision (e) of Section 14124.47, a prescription drug p

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State and Local Grants and Contracts Eligibility
(a)
(1)
The people of California hereby find and declare that their state and local tax dollars should not be awarded to prescription drug price manipulators that violate the discount prescription drug program’s intent to treat patients who are medically uninsured, on marginal incomes and have no other sources to turn to for preventive and primary care services and to reach more eligible patients and provide more comprehensive services to low-income and most vulnerable patients.
(2)
The people of California further find and declare that protecting their state and local tax dollars in this manner is a matter of statewide
concern.
(b)
Therefore, in addition to the requirements of subdivision (e) of Section 14124.47, a prescription drug price manipulator shall only be eligible to receive any new or renewed state or local grants or contracts if, in the prior calendar year, the prescription drug price manipulator spent at least 98 percent of the net revenues it generated nationwide from participation in the discount prescription drug program on direct patient care.

Legislative History

Added November 5, 2024, by initiative Proposition 34, Sec. 1. Effective December 18, 2024. Approved in Proposition 34 at the November 5, 2024, election. Operative January 1, 2025, pursuant to Section 14124.52.