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KM Financial Solutions | California lawmakers approve legislation for $21 bln wildfire fund
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California lawmakers approve legislation for $21 bln wildfire fund

10 Jul California lawmakers approve legislation for $21 bln wildfire fund

Posted at 19:53h in News by
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California lawmakers
approved legislation on Thursday to create a $21 billion fund to
help utilities in the state pay for claims arising from future
wildfires sparked by their equipment, tackling a top issue for
the state after power provider PG&E Corp filed for bankruptcy in
January expecting more than $30 billion in wildfire liabilities.

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