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The law signed by Gov. Gavin Newsom in September was set to take effect Jan. 1.
Experts say the specimen is less than 1 million years old, which is relatively "new" by fossil standards.
The proposed bill hopes to stop customer gouging by requiring oil companies to disclose information about pricing to state regulators.
The Golden State has seen a 65% drop in case rates since the peak during the wintertime omicron surge.