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California Rejects Utility Fire Cap | Los Angeles News

California Rejects Utility Fire Cap | Los Angeles News

Published 23 hours ago
Description

California lawmakers struck a major victory for wildfire survivors by rejecting a bill that would’ve capped utility payouts, instead passing an amended version that ensures full compensation for victims and strengthens accountability. The revised Senate Bill 492 also introduces a “Fast Pay” program to speed up payments while preserving the right to sue and investigate fire causes. Governor Newsom praised the move but called for continued action to stabilize rates and fund recovery efforts.

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