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Jul. 17, 2024

Bill signing settles old disputes, sparks new one

Elon Musk on Tuesday cited one of the new laws as the "last straw" motivation for relocating his companies to Texas.

Gov. Gavin Newsom's office announced he has signed more than 50 more bills into law. This includes a measure to pay settlements for three lawsuits -- as well as a bill cited by tech billionaire Elon Musk as the motivation for his companies' relocation to Texas.

One of the new laws announced Monday afternoon, AB 2755, appropriates "$523,000 from the General Fund to the Attorney General for the payment of claims, settlements, or judgments against the state arising from...

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