Lawmakers in many states are still on summer vacation or have ended their regular sessions entirely. Lawmakers in California are back in Sacramento, holding hearings and votes. The California Legislature's work has an obvious, direct effect on financial professionals and clients in California. It can also affect what happens in Washington, because Democrats, in particular, may see the state as a research and development lab for financial services legislation. For a look at 10 California bills that look as if they could have an impact on annuities or life insurance — or interesting effects on clients' out-of-pocket health care costs — see the gallery. The California State Capitol in Sacramento, California. (Photo: Sundry Photography/Adobe Stock)
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