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state legislation | The Financial Standard

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A conceptual image depicting a large, ornate golden key (representing state law) suspended just above an intricate, locked city gate (representing Los Angeles), with the key unable to open the gate, symbolizing the California SB 79 holdout.

Politics and Policy

Dramatic California SB 79 Holdout in Los Angeles

Despite being passed and signed, California SB 79 faces an unexpected holdout in Los Angeles, highlighting state-local g…

Sarah Chen·April 10, 2026, 3:05 AM

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