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California wildfire bill fails to pass, leaving wildfire costs unresolved
Lawmakers in California were unable to pass a watered-down wildfire bill after a surprise procedural outcome, according to the WSJ Markets.
The measure would have addressed who pays for damages from wildfires, including questions tied to utilities associated with major fires.
WSJ Markets said the debate over responsibility for wildfire losses remains unresolved after the failure to enact the bill.
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