[_delirium]

Despite the confusingly worded first paragraph of the email, I don't think they're actually terminating it now (as your headline states). The first paragraph does use a tense that makes it sound like they are, saying that the potential new law "compels us to terminate" the program, rather than that it "would compel us to terminate" it if passed.

But then the third paragraph makes it future conditional: "we will terminate [the program] ... as of the date (if any) that the California law becomes effective".