SB 1297: Regional wildfire partnerships.
<p>The bill revises and expands California's Regional Forest and Fire Capacity Program by allowing regional entities to collaborate with insurance companies, utilities, and other private and public organizations to develop strategies for fire-resistant homes, businesses, and public buildings. It authorizes the formation of regional wildfire partnerships between public entities and specified private partners or joint powers authorities to support these strategies.</p> <p>The bill requires annual reporting by these partnerships to the Department of Conservation, which must publish these reports online. Additionally, it establishes a revolving fund in the state treasury for issuing revenue bonds through the California Infrastructure and Economic Development Bank (i-bank) to finance regional wildfire partnership projects. The i-bank can provide loans, technical assistance, and financial sup…
| May. 14, 2026 | May 14 hearing: Held in committee and under submission. |
| May. 08, 2026 | Set for hearing May 14. |
| May. 04, 2026 | May 4 hearing: Placed on APPR. suspense file. |
| Apr. 24, 2026 | Set for hearing May 4. |
| Apr. 20, 2026 | From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0. Page 3954.) (April 20). Re-referred to Com. on APPR. |
| Amended IN Senate April 14, 2026 |
| Amended IN Senate March 25, 2026 |
| Introduced by Senator Allen (Principal coauthor: Senator Stern) |
February 20, 2026 |
LEGISLATIVE COUNSEL'S DIGEST
The bill would require a regional wildfire mitigation collaborative seeking funds from the Revolving Fund to submit a wildfire mitigation plan to the Department of Conservation. The bill would authorize the department to consult with specified state entities to review the plans according to specified criteria. The bill would make the regional wildfire mitigation collaboratives eligible for funding from the Revolving Fund upon the department’s approval of the wildfire mitigation plan. The bill would also authorize the I-Bank to provide technical assistance to regional wildfire mitigation collaboratives.
The people of the State of California do enact as follows:
SECTION 1.
(a) The Legislature finds and declares all of the following:(a)California’s wildfire crisis poses systemic risks to insurance markets, investor-owned utilities, ratepayers, and the state’s long-term fiscal outlook.
(b)Wildfire prevention actions, including home hardening, defensible space, landscape-scale vegetation management, and more, are necessary to reduce the risk of loss and damage to life and property.
(c)
(d)
(e)
(f)Conservation finance methodologies, including pay-for-success models where public and private entities quantify the benefits associated with a planned conservation action and agree to a schedule of milestone payments based upon the action being implemented and the benefits accrued, have been successfully deployed, including in California, to raise upfront financing via bond markets.
(g)It is the intent of the Legislature, on a voluntary basis, to incentivize similar financing strategies via existing programs and in a targeted manner to increase wildfire prevention in California.