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

Requires the Transportation Agency, in consultation with the Department of Finance and the Governor�s Office of Business and Economic Development, to conduct a study on the impacts that potential future increases in tariffs and reciprocal tariffs on international trade of imports and exports might have on, among other things, California�s economic output. Requires the agency to convene the freight advisory committee to discuss the scope of the study upon initiating the study. On or before January 1, 2026, would require the Transportation Agency to submit the study to the Legislature. Appropriates $500,000 from the General Fund to the agency, department, and office, for purposes of conducting the study.

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.