California State Legislature (SB 237)

Rule Changes

Enacted the 2026 child safety package

California will require social media platforms to verify users' ages before serving them addictive features, and ban those features for users under 16. AI companion chatbot operators must audit their products for child-safety risks, disclose when users are talking to a bot, and hand results to independent auditors.

Updated Yesterday

Rule Changes

Passed the 2025 extension legislation with two-thirds supermajorities

California's largest polluters began operating under a sharply tighter carbon cap on September 1. The amended Cap-and-Invest Program, previously called Cap-and-Trade, removes 118 million pollution allowances through 2030, shrinking the cap 11% each year this decade.

Updated Sep 2

Money Moves

Passed and chaptered SB 237, reshaping fuel-supply and permitting politics

The CRC–Berry all-stock combination is now in the paperwork-and-plumbing phase. CRC's post-close 8-K confirms Berry is a wholly owned subsidiary and discloses an amendment raising CRC's elected credit-facility commitments to $1.46 billion. CRC has 71 days to publish pro forma financials for the combined company.

Updated May 15