Newsom's Last-Minute Jam Fails to Seal Wildfire Liability Deal

1 min read
Source: CalMatters
Newsom's Last-Minute Jam Fails to Seal Wildfire Liability Deal
Photo: CalMatters
TL;DR Summary

CalMatters reports that Gov. Gavin Newsom's signature last-minute 'jam' to push wildfire-liability reform (SB 492) through the Legislature failed, highlighting the limits of a lame-duck governor's power as the Assembly killed the compromise after weeks of pushback; the move drew criticism for half-measures and left the issue to be taken up next year, even as utilities stocks tumbled and other late-session bets collapsed.

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