PROP
34

Restricts Spending of Prescription Drug Revenues by Certain Health Care Providers. Initiative Statute.

Restricts Spending of Prescription Drug Revenues by Certain Health Care Providers. Initiative Statute.

Summary

Requires certain providers to spend 98% of revenues from federal discount prescription drug program on direct patient care. Authorizes statewide negotiation of Medi-Cal drug prices. Fiscal Impact: Increased state costs, likely in the millions of dollars annually, to enforce new rules on certain health care entities. Affected entities would pay fees to cover these costs. Supporters: The ALS Association; California Chronic Care Coalition; Latino Heritage Los Angeles Opponents: National Org. for Women; Consumer Watchdog; Coalition for Economic Survival; AIDS Healthcare Foundation; Dolores Huerta

Money Raised

Chart depicts total fundraising by all committees primarily formed for and against Prop 34.Totals are updated daily with contributions from Power Search opens new window and adjustments from the most recent Political Reform Division analysis. opens new window

Largest Contributions

Showing the 10 largest contributions to committees formed primarily for and against Prop 34 in the election cycle when it appeared on the ballot. Contributions in earlier election cycles and contributions between allied committees are excluded. For more information on funding for ballot measure campaigns, visit the Power Search opens new window campaign finance search engine.

Yes on Prop 34

CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
10/10/2024
$5,625,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
09/03/2024
$4,000,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
09/18/2024
$3,000,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
10/16/2024
$3,000,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
12/20/2023
$2,500,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
11/03/2023
$2,300,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
10/22/2024
$1,600,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
09/05/2024
$1,500,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
09/11/2024
$1,500,000
CALIFORNIA APARTMENT ASSOCIATION ISSUES COMMITTEE
10/24/2024
$1,500,000

No on Prop 34

AIDS Healthcare Foundation
10/01/2024
$4,500,000
AIDS Healthcare Foundation
10/15/2024
$4,000,000
AIDS Healthcare Foundation
10/15/2024
$4,000,000
AIDS Healthcare Foundation
10/02/2024
$2,000,000
AIDS Healthcare Foundation
09/16/2024
$400,000
AIDS Healthcare Foundation
08/16/2024
$300,000
AIDS Healthcare Foundation
09/12/2024
$200,000
Renters and Homeowners for Rent Control Yes on 33, Sponsored by AIDS Healthcare Foundation
08/09/2024
$110,000
AIDS Healthcare Foundation
06/18/2024
$70,000
AIDS Healthcare Foundation
05/23/2024
$50,000

What your vote means

Yes

A YES vote on this measure means: Certain health care entities would have to follow new rules about how they spend revenue they earn from a federal drug discount program. Breaking these rules would result in penalties (such as not being able to operate as a health care entity), generally for a ten-year period.

No

A NO vote on this measure means: These new rules would not go into effect.

More on Proposition 34

For background on Proposition 34, an analysis by the legislative analyst, endorsements for and against the measure, and more...

Arguments

Pro

Proposition 34 will protect patients and ensure public healthcare dollars actually go to patients who need it. Prop. 34 will close a loophole that allows corporations to spend this money on things like buying stadium naming rights and multi-million dollar CEO salaries. Protect Patients Now. Vote Yes on Proposition 34.

Con

Prop. 34—The Revenge Initiative. California Apartment Association, representing billionaire corporate landlords, doesn't care about patients. Their sole purpose is silencing AIDS Healthcare Foundation, the sponsor of the rent control initiative. 34 weaponizes the ballot, is a threat to democracy, and opens the door to attacks on any non-profit.

Campaigns

For

YES on 34, Protect Patients Now: A Coalition of Women, Veterans, LGBTQ+ Advocates, and Patient Groups
2350 Kerner Blvd. #250
San Rafael, CA 94901
(916) 447-7881
info@protectcapatientsnow.com
YesOnProp34.com

Against

Susie Shannon
Stop the Revenge Initiative—No on 34, sponsored by AIDS Healthcare Foundation
1250 6th Street, Suite 205
Santa Monica, CA 90405
(310) 576-1233
info@votenoon34.org
www.votenoon34.org