IN STATE NEWS…TODAY GOVERNOR GAVIN NEWSOM IS EXPECTED TO SIGN A 26-BILLION DOLLAR BILL TO DEAL WITH THE STATE’S WILDFIRES.
THE BILL CREATES A FUND OF 21-BILLION DOLLAR FUND THAT UTILITIES AND CUSTOMERS WOULD PAY INTO. P-G AND E WOULD BE THE BIGGEST CONTRIBUTOR. A NEWLY CREATED “CALIFORNIA CATASTROPHE COUNCIL” WOULD RUN THE FUND.
GOVERNOR NEWSOM PRAISED LAWMAKERS FOR MOVING QUICKLY ON THE BILL. BUT CRITICS SAY THE FUND MAY BE GOOD FOR FIRE PREVENTION BUT DOES LITTLE FOR FIRE VICTIMS.
