SB 1161 requires CARB to provide a clear and detailed economic impact analysis before implementing new regulations. The bill ensures that policymakers and the public have a clear understanding of the real-world financial implications of major regulatory actions before they take effect.
“We need to know how new policies would impact every day Californians before they go into effect,” Sen. Valladares said. “This bill brings transparency to proposed major regulations. Californians should be given a clear explanation, and lawmakers should have an opportunity to review the real-world impacts of proposed new regulations before they go into effect.”
Read the bill language HERE.