SACRAMENTO, Calif. - Assemblyman James Gallagher announced a bill that would provide financial relief to fire victims.
The bill would exempt state taxes from payments made to victims out of PG&E’s “Fire Victim Trust.”
AB-1249 clarifies tax exemption criteria for victims of the three most destructive fires in California, including the Camp Fire.
The Republican assemblyman said victims deserve to receive the maximum amount of compensation from PG&E.
The bill is co-authored by Tehama Senator Jim Nielsen and four other Republican senators.