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California utilities to use the fund to cover the liability. If the California Public utilities district determines the utility try to repvent wildfires. Butthe utiliti would first ve to invest a combined million. Pg e would have to meet io additnal requirements including current claims an exiting bankruptcy by the end of next june. Heny of those who oppose bill say it was rushed into law in that ratetoo much cost. Payers are betoo much cost. Joining me are kqed politics reporter katie. And retta, a former president of the California Public utilities commission. The state agency that regulates utilities. Katie, me begin withou. You were at the signing ceremony this morning. Remind us what this legislation isntended to do. It is really intended to give customers and Financial Markets some weve been having these m ....
Fund to cover the liability. If the California Public utilities district determines the utility try to prevent wildfires. Butthe utilities would first have to invest a combined 5 million. Pg e would have to meet additional requirements including current claims and exiting bankruptcy by the end of next june. Many of those who oppose the bill say it was rushed intlaw in that ratetoo much cost. Payers re bearing too much cost. Joining me are kqed politics reporter kati and loretta, a former pree dent of California Public utilities commission. The state agency that regulates utilities. Katie, me begin with you. You were at the signing ceremony this morning. Remind us what this legislation is intended to do. It is really intended to givu omers and Financial Markets some certainty. Weve been having these massive wildf ....
California utilto use the fund to cover the liability. If the California Public utilities district determines the utility try to prevent wildfires. Butthe utilities would first have to invest a combined 5 million. Pg e would have to meet additional requirements including current claims and exiting bankruptcythe end of next june. Many of those who oppose the bill say it was rushed into law in that rateostoo much payers are bearing too much cost. Joining me are kqed politics reporter katie. And loretta, a former president of the California Public utilities commission. The state agency that regulate utilities katie, me begin with you. You were at the signing ceremony th morning. Mind us what this legislation is intended to do. It is really intended to give cutomers and financial mar some certainty. Weve been having these massive wildfires in california that ofve been causi ....