2017 Thomas Fire – California Globe

Bill to Make Wildfire Settlements Exempt From State Income Tax Approved By Assembly Revenue And Taxation Comm.

July 3, 2024 2:55 amJuly 3, 2024 2:56 am

A bill to make all wildfire settlement payments tax free was approved by the Assembly Revenue and Taxation Committee on Tuesday, moving the bill to the Assembly Appropriations Committee. Senate Bill 1004, authored by Senator Scott Wilk (R-Santa Clarita), would...

Bill to Make Wildfire Settlements Exempt From State Income Tax Approved By Senate

May 25, 2024 2:45 amMay 25, 2024 2:46 am

A bill to make all wildfire settlement payments tax free was approved by the Senate on Thursday, moving the bill to the Assembly. Senate Bill 1004, authored by Senator Scott Wilk (R-Santa Clarita), would specifically, for all taxable years beginning...

SoCal Edison to Pay $80 Million In Settlement Over 2017 Thomas Wildfire

February 28, 2024 2:33 amFebruary 28, 2024 6:32 am

The United States Attorney’s Office of the Central District of California announced this week that the electric utility company Southern California Edison (SoCal Edison) has agreed to pay $80 million to resolve a lawsuit on behalf of the U.S. Forest...

Exceptions to the Governor’s Budget Concerns Veto Message

September 30, 2022 4:55 pmSeptember 30, 2022 4:24 pm

Governor Gavin Newsom has consistently vetoed quite a few bills based on the statement that the bill’s fiscal impact would be problematic for the state’s general fund and that the bill was not accounted for in the budget adopted in...

Southern California Edison, CPUC Agree to $550 Million Settlement Over 5 Wildfires

December 17, 2021 2:27 amDecember 16, 2021 8:47 pm

The Safety and Enforcement Division of the California Public Utilities Commission (CPUC) announced on Thursday that they had reached a settlement amount of $550 million with the Southern California Edison utility company over their role in 5 wildfires that occurred...

Southern California Edison to Pay $2.2 Billion in Wildfire Settlements

January 27, 2021 2:30 amJanuary 26, 2021 9:14 pm

On Tuesday, Southern California Edison announced that it would be paying a $2.2 billion settlement over claims from the 2018 Woolsey Fire within the next 90 days. The Woolsey Fire burned nearly 100,000 acres of land in Los Angeles and...