Authorizes a study on the impacts that increases in tariffs and reciprocal tariffs on international trade of imports and exports might have on, among other things, California�s economic output.

Requires GO-Biz, in consultation with the Department of Finance and Transportation Agency, to conduct a study on the impacts that increases in tariffs and reciprocal tariffs have on the state�s international trade of imports and exports, as specified.

Requires GO-Biz to provide resources to support the international trade activities of California small businesses.
Requires the agency to convene the freight advisory
committee to discuss the scope of the study upon GO-Biz initiating the study. On or before January 1, 2029, the bill would require the Transportation Agency GO-Biz, to submit the study to the Legislature, as specified.

Pending Committee action.

02/03/2025 Introduced. Read first time. Referred to Senate Committee on Rules for assignment.
02/14/2025 Referred to Senate Committees on Transportation, and Business, Professionals and Economic Development.
03/13/2025 From Senate Committee on Transportation with amendments. Read second time in Senate and amended. Re-referred to Senate Committee on Transportation.
03/26/2025 Passed favorably from Senate Committee on Transportation. Re-referred to Senate Committee on Business, Professionals and Economic Development.
04/03/2025 Hearing scheduled for 4/28 in Senate Committee on Business, Professionals and Economic Development.
04/28/2025 Passed from Senate Committee on Business, Professionals and Economic Development. Re-referred to Senate Committee on Appropriations.
05/02/2025 Set for hearing on 5/12 in Senate Committee on Appropriations.
05/12/2025 Hearing in Senate Committee on Appropriations. Placed on Suspense File.
05/16/2025 Scheduled for hearing on 5/23 in Senate Committee on Appropriations.
05/23/2025 Passed from committee as amended.
05/23/2025 Read second time and amended. Ordered to second reading.
05/27/2025 Read second time. Ordered to third reading.
05/28/2025 Read third time in Senate. Urgency clause adopted. Passed Senate.
05/28/2025 Read first time in Assembly. Held at Desk.
06/05/2025 Referred to Assembly Committees on Transportation, and Economic Development, Growth, and Household Impact.
07/08/2025 Passed from Committee and re-referred to Assembly Committee on Appropriations.
07/08/2025 Passed Assembly Committee on Appropriations and re-referred to Assembly Committee on Economic Development, Growth, and Household Impact.