Multi-Billion Dollar Wildfire Bill is Approved to Shore Up California's Major Utility Companies - NBC Bay Area

Multi-Billion Dollar Wildfire Bill is Approved to Shore Up California's Major Utility Companies

The biggest power companies will have to spend billions of dollars on safety improvements under the bill sent to Gov. Gavin Newsom's desk

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    Multi-Billion Dollar Wildfire Bill is Approved to Shore Up California's Major Utility Companies
    Noah Berger/AP, File
    In this Aug. 7, 2018, file photo, firefighters monitor a backfire while battling the Ranch Fire, part of the Mendocino Complex Fire, near Ladoga, Calif.

    California lawmakers have approved a sweeping bill meant to shore up the state's major electric utilities in the face of another wildfire season.

    The biggest power companies will have to spend billions of dollars on safety improvements under the bill lawmakers sent to Gov. Gavin Newsom on Thursday.

    The measure would also create a fund to compensate victims of wildfires caused by utility equipment in certain circumstances. Survivors of major fires last year say the measure will give them more leverage to get compensation from Pacific Gas & Electric despite it being in bankruptcy.

    Some lawmakers raised concerns about rushing the lengthy bill. The final draft was published less than a week ago.

    But Newsom wanted the legislation before lawmakers adjourned for a monthlong recess after this week.