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California bills · 2025-2026 Regular Session

California AB 1929

Health care coverage: investments: disclosure.

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

Cosponsors (1)

Summary

Official abstract published by the California legislature· summary

Existing federal law, the Patient Protection and Affordable Care Act (PPACA) , requires each state to establish an American Health Benefit Exchange to facilitate the purchase of qualified health benefit plans by qualified individuals and qualified small employers. Existing state law creates the California Health Benefit Exchange, also known as Covered California, to facilitate the enrollment of qualified individuals and qualified small employers in qualified health plans offered by participating carriers as required under PPACA. This bill would require a nonprofit health care service plan participating in the Exchange to annually disclose its material investment holdings to the Exchange on or before July 1 of each year, unless otherwise specified by regulation, beginning on July 1, 2027. The bill would require the Exchange to prominently display, and make accessible to the public, those disclosures on its internet website. If a plan fails to comply with the disclosure requirements, the bill would require the Department of Managed Health Care to assess an administrative penalty against the plan, as specified. The bill would require the Exchange to prominently post the plan's noncompliance status on its internet website until compliance is achieved.

Text versions

Roll-call votes

State vote data last updated Oct 15, 2026, 12:03 AM.

DateVoteResultYour legislators
Aug 13, 2026
Senate
Do pass as amendedpassSet your home in California to see
Aug 3, 2026
Senate
Placed on suspense filepassSet your home in California to see
Jun 24, 2026
Senate
Do pass, but first be re-referred to the Committee on [Judiciary]passSet your home in California to see
May 27, 2026
House
AB 1929 Ortega Assembly Third ReadingpassSet your home in California to see
May 13, 2026
House
Do pass.passSet your home in California to see
Apr 14, 2026
House
Do pass as amended and be re-referred to the Committee on [Appropriations]passSet your home in California to see

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