Wildfire Liability Bill Dies without a Vote on Final Day of Session
The collapse leaves Senate Bill 492 dead for now after lawmakers said it did not provide enough relief or accountability for wildfire survivors.
- On Tuesday, the California Assembly declined to vote on Senate Bill 492, effectively killing legislation intended to address financial challenges from catastrophic wildfires.
- Governor Gavin Newsom, Pacific Gas, and Edison International sought to reduce liability costs for blazes, arguing that high financial risks jeopardize essential infrastructure investment and economic stability.
- Critics, including Every Fire Survivor and Consumer Watchdog, opposed the deal, arguing it failed to provide necessary accountability or meaningful reform for those whose homes were destroyed.
- Utility stocks plummeted Monday, with Pacific Gas and Edison dropping 20% and 23% respectively, marking the latter's largest single-day decline in more than 25 years.
- Assembly Speaker Robert Rivas stated lawmakers will revisit the issue this fall, while Newsom hinted he remains focused on the effort during his final months in office.
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California Legislature to Vote on Wildfire Reforms After ...
Palo Alto Online
Wildfire liability bill dies without a vote on final day of session
This story was originally published by CalMatters. Sign up for their newsletters. After nearly a month of intense closed-door negotiations, California lawmakers on the last day of session killed a compromise bill that failed to insulate utilities when they cause catastrophic wildfires. Gov. Gavin Newsom and the utilities had fought to significantly reduce what utility […] The post Wildfire liability bill dies without a vote on final day of sess…
Wildfire: California Assembly kills wildfire liability plan
نُشر هذا المقال أولاً عبر Cedarnews.net. لمتابعة المزيد من الأخبار والتقارير الحصرية، زورونا على موقعنا. California Assembly kills wildfire liability plan Gov. Newsom agreed to with legislators, sources say. Wildfire: The initial report was published by KCRA at. تم نشر هذا الخبر عبر موقع Cedarnews الإخباري. للاطلاع على مزيد من الأخبار العاجلة والتقارير الحصرية، زوروا موقعنا الرسمي.
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