California SB492 addresses wildfire relief and prevention, including funding for a fast-pay program for claims, data sharing, and community.

California SB492 establishes the California Wildfire Relief Fast-Pay Program to expedite payments for claims related to wildfires caused by electrical corporations. It mandates annual contributions from large electrical corporations, sets limits on attorney fees for subrogated claims, and requires the State Fire Marshal to develop a statewide community wildfire preparedness strategy. The bill also includes provisions for a wildfire data sharing platform, local assistance grants for fire prevention, and youth housing bonds to support homeless and foster youth.

California SB492 addresses wildfire relief and prevention, including funding for a fast-pay program for claims, data sharing, and community.

California SB492 establishes the California Wildfire Relief Fast-Pay Program to expedite payments for claims related to wildfires caused by electrical corporations. It mandates annual contributions from large electrical corporations, sets limits on attorney fees for subrogated claims, and requires the State Fire Marshal to develop a statewide community wildfire preparedness strategy. The bill also includes provisions for a wildfire data sharing platform, local assistance grants for fire prevention, and youth housing bonds to support homeless and foster youth.