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Panel approves SB 263 to study statewide impacts of tariffs on California businesses and consumers
Summary
SB 263 would direct state agencies to study the economic impacts of tariffs on California’s imports, exports, workers and consumers; the committee moved the bill forward after broad stakeholder support (committee recorded vote indicated passage).
Sen. Gonzales introduced SB 263, which would direct the state Transportation Agency, in coordination with the Department of Finance and the Governor’s Office of Business and Economic Development (GO‑Biz), to conduct a study on the impacts of tariffs on California’s economy.
Gonzales said California handled over $800 billion in imports and exports in the…
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