SB 474 (The BASIC Act) would reduce the markup of products sold at prison canteens, which can exceed anywhere between 63% to 200% above market value
(SACRAMENTO) – Today, the California Legislature voted overwhelmingly to approve Senate Bill No. 474 by Senator Josh Becker (D-San Mateo) and send it to the Governor for his signature. Also known as The BASIC Act, this bill reduces markups on items sold in prison canteen stores and caps the markup on the price paid to the vendor for a product at 35% for four years.