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Senate panel advances PACE expansion for wildfire hardening amid consumer‑protection concerns
Summary
SB 1041 broadens PACE eligibility for home hardening statewide and adds hardship and reporting provisions; supporters said it expands financing access, while consumer groups and treasurers warned of past abuses and potential long‑term harm to vulnerable homeowners. The committee moved the bill to Appropriations as amended.
Sen. Regin said SB 1041 modernizes and expands the use of Property Assessed Clean Energy (PACE) financing for wildfire‑hardening upgrades, clarifies eligible improvements, adds hardship provisions including lien removal if a home is destroyed, and requires reporting to protect consumers.
"SB 10 41 finally delivers on this original promise...and provides clarity and explicitly defines…
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