California lawmaker plans wildfire relief bill for utilities

Under current California law, utilities can be held liable for costs if their equipment is found to have caused a fire.

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Bruned vehicles

PG&E Corp. rose after a California lawmaker requested a bill to help the state’s largest utility absorb liabilities from this year’s fatal wildfires.

Kellie Smith, an adviser to assemblyman Chris Holden, said she is drafting legislation that could be introduced as early as Dec. 3. It may serve as a framework for lawmakers to consider relief for PG&E from the billions of dollars it faces in potential liability for death and property damage in Northern California’s Camp Fire, the deadliest in state history.

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