Bill
Bill > HB3917
summary
Introduced
03/11/2025
03/11/2025
In Committee
03/11/2025
03/11/2025
Crossed Over
Passed
Dead
06/27/2025
06/27/2025
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: Creates a fund to pay for damage claims arising from catastrophic wildfires. (Flesch Readability Score: 60.7). Creates the Catastrophic Wildfire Fund to pay for property damage claims arising from cat- astrophic wildfires that are ignited by the facilities of a public utility. Allows a public utility to participate in and capitalize the fund. Defines “public utility.” Requires the Public Utility Commission to appoint an independent administrator to administer payments of eligible claims arising from a catastrophic wildfire. Provides for an independent ad- ministrator to prepare and present a plan of operations. Provides for a process to recapitalize the fund as needed, as determined by an independent administrator. Provides for procedures if an inde- pendent administrator determines that the fund is depleted. Establishes a claims process. Limits the amount of property and noneconomic damages that may be recovered by a claimant from the fund. Directs the commission to investigate whether the actions and conduct of a public utility prior to the ignition of a catastrophic wildfire were prudent or imprudent. Allows the commission to re- quire a public utility whose actions were imprudent to reimburse the fund in whole or in part. Allows a public utility, upon approval by the commission, to issue bonds and securitize debt for costs and expenses associated with contributions to the fund. Applies to wildfires that begin on or after the effective date of this Act. Declares an emergency, effective on passage.
AI Summary
This bill creates a Catastrophic Wildfire Fund to help manage financial risks associated with wildfires caused by public utility facilities in Oregon. The fund will be capitalized by public utilities and their customers, with a total cap of $800 million, and will provide compensation to property owners who suffer damages from catastrophic wildfires. Key provisions include establishing an independent administrator to manage claims, which must be filed within 18 months of a wildfire's ignition, and limiting payouts to 80% of property damages (up to $100,000 in noneconomic damages). The Public Utility Commission will investigate the utility's conduct to determine if its actions were prudent, and if found imprudent, the utility may be required to reimburse the fund. If the fund becomes depleted, claimants will be offered partial payments and retain the right to seek additional compensation later. The bill aims to balance protecting utility customers, maintaining utility financial stability, and providing a mechanism for wildfire damage recovery, recognizing the increasing wildfire risks due to climate change and expanding urban-wildland interfaces. The fund applies to wildfires ignited on or after the bill's effective date and is declared an emergency measure to take immediate effect.
Committee Categories
Justice
Sponsors (2)
Last Action
In committee upon adjournment. (on 06/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB3917 |
Open Government Impact Statement for HB3917 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/87312 |
BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB3917/Introduced |
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