Bill to create public‑private financing for wildfire mitigation moves forward
SB 1297 would create incentives and a revolving fund to mobilize public and private capital for community wildfire mitigation projects via regional public‑private partnerships and I‑Bank revenue bonds; proponents argued the model can scale needed mitigation work.
The full story
Senator Allen presented SB 1297 to encourage regional entities to form public‑private partnerships that can leverage private capital (insurers, utilities) with state‑backed revenue bonds administered through the I‑Bank to finance large‑scale wildfire mitigation projects.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in