The major urban areas already pre-empted this law. Los Angeles was on their way to $15/h by 2020 (the state law is by 2022). San Fran and Oakland had their own thing too. I suppose this could help neighboring towns that are literally a walk across the street from a bigger one equalize things but thats a big if. I can't imagine how this would help smaller commuter towns filled with people who escaped the high cost of living. This makes sense for SF but not places like Stockton. Ughh Moonbeam.
Hahahaha escaped the high cost, nowhere in CA is cheap anymore...well except maybe Alturas. That's why I moved out (that and I got tired of the water problems).
Still, this is excellent news, and with more money in the working class hands, more money will go back into the economy since more people can afford things.