Health Insurance tax credits to expand in California

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Calif. governor aims to expand health insurance tax credits, impose penalty

California Gov. Gavin Newsom has proposed imposing a tax penalty on people who fail to enroll in health insurance, with the proceeds going toward tax credits for an estimated 850,000 Californians, including some whose incomes are too high for federal assistance. The proposal is being debated by state lawmakers as part of budget negotiations, which should be done by June 15.

California Healthline (6/3)