Will the California junk fee law, SB 478, go into effect as scheduled?
Jul 2

Governor Newsom signed SB 478, officially the Consumer Legal Remedies Act, which prohibits advertising that excludes most mandatory additional fees from the advertised price, and is scheduled to (mostly) go into effect on July 1, 2024.

I expect industry to sue over this.

This market resolves YES if, on July 1, 2024, the law has neither been repealed, substantively weakened by amendment, nor prevented from going into effect by an injunction. Resolves NO if one of these things prevents the law from taking effect on time.

(Note that this will not resolve early even if the law is enjoined, so long as the injunction is appealable such that the law could still take effect on time)

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This is much closer than I expected

@MikeChenSF seems like it's just thinly traded, someone who pays more attention to CA law than i do probably could make some good bets