California governor Gavin Newsom signs MMA fighter retirement benefit fund into law

  • 📰 startelegram
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Law Law Headlines News

California MMA fighters who qualify receive benefits from a retirement fund established by Gavin Newsom – without direct taxpayer contributions.

On Sunday, the state’s governor Gavin Newsom signed Assembly Bill 1136 , which outlines the fund that is expected to go into effect in 2024. Details of the fund are still to be configured by the California State Athletic Commission .

According to the California Department of Consumer Affairs, the fund will not be comprised of direct taxpayer money . Instead, $1 from each ticket sold will go toward the fund. Other sources include special commission-branded items . The bill was authored by assembly member Matt Haney , of San Francisco, and proposed in February. The bill unanimously passed both the state senate and assembly in 2023, bringing it to the desk of Newsom, who signed the bill officially Sunday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 248. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

California Gov. Gavin Newsom Signs Law Requiring Big Businesses to Disclose EmissionsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

California Gov. Gavin Newsom signs bill expanding conservatorship lawCalifornia Gov. Gavin Newsom has signed a bill that makes it easier for authorities to compel treatment for people with mental illness or addiction issues. The proposal is partly aimed at addressing the state’s growing homelessness crisis. Under current state law, local government can’t force a person to take treatment if they refuse to receive help. The legislation expands the definition of gravely disabled to include people who are unable to provide themselves basic needs due to an untreated m
Source: AP - 🏆 728. / 51 Read more »

California Gov. Gavin Newsom signs bill expanding conservatorship lawCalifornia Gov. Gavin Newsom has signed a bill that makes it easier for authorities to compel treatment for people with mental illness or addiction issues
Source: ABC - 🏆 471. / 51 Read more »