Loading chat...
CA SB263
Bill
Status
10/11/2025
Primary Sponsor
Lena Gonzalez
Click for details
AI Summary
-
Requires the Governor's Office of Business and Economic Development (GO-Biz), in consultation with the Department of Finance and Transportation Agency, to conduct a study on how increased tariffs and reciprocal tariffs impact California's international trade
-
Study areas include California's economic output, employment, consumer goods affordability, state and local tax revenues, and revenues at airports, seaports, and land ports of entry
-
Requires analysis of sector-specific impacts on manufacturing and agriculture from both U.S. tariffs on imports and foreign countries' retaliatory tariffs on California exports
-
GO-Biz must provide resources to support international trade activities of California small businesses
-
Study must be submitted to the Legislature by January 1, 2029, with the provision automatically repealing on January 1, 2031
Legislative Description
International trade: tariffs: impact study.
Last Action
Veto sustained.
3/2/2026