California SB263 mandates a study on the impacts of increased tariffs on California's international trade.

California SB263 requires the California Trade and Commerce Agency to conduct a study on the effects of increased tariffs and reciprocal tariffs on California's international trade. The study will analyze the impact on economic development, jobs, affordability, business costs, workers, and infrastructure financing. The Transportation Agency must convene the California Freight Advisory Committee to discuss the study's scope. The study will be submitted to the Legislature by January 1, 2029, and the section will be repealed on January 1, 2031.

California SB263 mandates a study on the impacts of increased tariffs on California's international trade.

California SB263 requires the California Trade and Commerce Agency to conduct a study on the effects of increased tariffs and reciprocal tariffs on California's international trade. The study will analyze the impact on economic development, jobs, affordability, business costs, workers, and infrastructure financing. The Transportation Agency must convene the California Freight Advisory Committee to discuss the study's scope. The study will be submitted to the Legislature by January 1, 2029, and the section will be repealed on January 1, 2031.