California Legislature to Vote on Wildfire Reforms After Blocking Key Parts of Newsom’s Plan
- California's legislative session concluded with a deal rejecting Governor Gavin Newsom's proposed wildfire overhaul, filing SB 492 to establish a Fast Pay program instead of shifting financial burdens to insurance companies or limiting victim recovery rights.
- Wildfire survivors and various groups protested the governor's initial plan throughout the week, arguing it would have acted as a 'corporate bailout' by shielding utilities from liability for the deadly Eaton Fire.
- The legislation includes measures to curb executive bonuses at companies like Edison International if a fire damages 500 or more structures, while also banning hedge funds and private equity firms from profiting on wildfire insurance claims.
- Consumer Watchdog President Jamie Court and Every Fire Survivor's Network director Joy Chen praised the legislature's refusal to shield utilities, calling the deal a 'remarkable display of courage' that protects survivors and consumers from costs.
- A 72-hour public notice requirement delayed the vote until Tuesday, as state leaders acknowledge this agreement is only a partial step toward the structural reform needed for long-term wildfire durability.
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New bill holding utilities responsible for CA wildfires advances: Here's what next
"But we need to make sure the CEOs themselves feel the pain if their equipment causes a fire." California lawmakers are a step closer to an agreement on who should be held responsible when a utility causes a wildfire, after the governor, senate and assembly leaders reached a compromise reflected in Senate Bill 492.
California Legislature to vote on wildfire reforms after blocking key parts of Newsom’s plan
SACRAMENTO, Calif. (AP) — California lawmakers are expected to vote Tuesday on a bill aimed at supporting wildfire survivors after rejecting an ambitious proposal by Gov. Gavin Newsom that would
California Legislature to vote on wildfire reforms after blocking key parts of Newsom's plan
California lawmakers are expected to vote on a bill that would ensure survivors of utility-sparked wildfires get paid faster.
California lawmakers set to vote on scaled-back wildfire liability deal after Newsom proposal stalls
By Richard Ramos California lawmakers are set to vote during a special session Tuesday on a scaled-back wildfire liability package after Gov. Gavin Newsom’s push to shield utilities from some of the costs associated with fires sparked by their equipment failed to gain enough support. The latest proposal, Senate Bill 492, focuses largely on speeding The post California lawmakers set to vote on scaled-back wildfire liability deal after Newsom prop…
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