California Proposition 78 (2005)
From Ballotpedia
California Proposition 78 appeared on the November 8, 2005 special statewide ballot[1] in California, where it failed. The measure was an initiated state statute.
Had Proposition 78 passed, California would have adopted a new state drug discount program to reduce the costs of prescription drugs for Californians at or below 300 percent of the federal poverty level.
Major contributors supporting Prop. 78 were Pharmaceutical Research and Manufacturers of America California Initiative Fund of Sacramento, Pfizer, Inc. of New York, Johnson & Johnson of New Brunswick, New Jersey, Merck & Co. of Whitehouse Station, New Jersey, and Glaxosmithkline of Philadelphia, Pennsylvania.
The summary of the initiative prepared by the Attorney General of California to appear on the ballot said:
Should the state adopt a new state drug discount program to reduce the costs of prescription drugs for Californians at or below 300 percent of the federal poverty level?
