take effect

Final legislation is currently being written, and once approved, an 18-month implementation period would begin, meaning new rules would take effect in summer 2027 at the earliest.

Those increases, backed by Bass over the past two years, are expected to add about $250 million to next year’s budget, which takes effect July 1.

Most of the money for that investment is expected to come from increases to water bills, which started to take effect this month.

The licenses of local dealers have also been revoked but given a grace period to allow a smooth transition before the directive takes effect next month.

Predicting if, or when, the additional tariffs could take effect and the potential fallout relies less on an understanding of U.S. economic policy and more on the psyche of the president.