Fire Recovery Legislation

AB 2283: CPUC Analyze PG&E's Stock Drop

  • Summary: AB 2283 would require the California Public Utilities Commission to undertake a comprehensive review of actions taken by the Pacific Gas and Electric Company (PG&E) that materially and adversely affected the value of its stocks provided as a part of its settlement agreement with victims of wildfires between 2015 and 2018 that is a part of PG&E's plan of reorganization approved by the United States Bankruptcy Court (Court) on June 20, 2020.
  • Progress:
    • 2/16/22 Introduced
    • 4/21/22 Passed from the Assembly Committee on Utilities & Energy and referred to the Assembly Appropriations Committee
    • 5/19/22 Passed from the Assembly Appropriations Committee and will be heard on the floor next week
    • 5/23/22 Passed from the Assembly Floor and sent to the Senate

AB 1249: State Income Tax Exemption

  • Summary: AB 1249 would clarify California’s tax code to exclude all types of claimants from paying state taxes on compensation for damages received out of PG&E’s “Fire Victims Trust”.  This would help ensure fire victims receive just compensation for the economic and non-economic damages caused by the fires.
  • Progress:
    • 2/19/21 Introduced
    • 1/11/22 Passed from the Assembly Revenue & Taxation Committee and referred to the Assembly Appropriations Committee
    • 1/20/22 Passed from the Assembly Appropriations Committee and will be heard on the floor next week
    • 1/31/22 Passed from the Assembly Floor and sent to the Senate

 AB 1078: Solar Panel Exemption for Wildfire Victims

  • Summary: AB 1078 would exempt homes that must be rebuilt due to destruction in a Governor-declared state of emergency from any requirement for solar panels that was not in place at the time of original construction. It would give Camp Fire victims additional time to rebuild without being subject the solar panel requirement while also extending relief to victims of some of the largest fires in state history including the August Complex, SCU Lightning Complex, LNU Lightning Complex as well as the Glass, Zogg, and Creek fires.
  • Progress:
    • 2/18/21 Introduced
    • 1/11/22 Passed from the Assembly Natural Resources Committee and referred to the Assembly Appropriations Committee
    • 1/20/22 Passed from the Assembly Appropriations Committee and ordered to the consent calendar on the Assembly Floor
    • 1/27/22 Passed from the Assembly Floor and sent to the Senate
Fire Recovery Legislation