WILDFIRE FUND ACT

Summary

The bill creates a Wildfire Fund that electric utilities will finance through a per‑megawatt surcharge on their service. Utilities that adopt approved wildfire mitigation plans and meet participation requirements can draw from the fund to cover claims arising from fires caused by their infrastructure. The measure aims to shift wildfire liability costs from ratepayers to a dedicated fund while encouraging risk‑reduction actions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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