From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
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Digest: Bans a public utility from raising rates if there are unresolved wildfire lawsuits for three or more years. (Flesch Readability Score: 61.6). Prohibits a public utility from increasing the public utility's rates or schedules of rates if the public utility has, for a period of three or more years, outstanding or contingent liabilities arising out of wildfire-related litigation. Takes effect on the 91st day following adjournment sine die.