Bill would require large cold‑storage facilities to hold $20 million contingency funds after Boyle Heights Lineage fire
AB 817 would require large cold‑storage warehouses to maintain contingency funds or insurance (the sponsor cited a $20 million threshold) and clarify tax treatment of settlements after the Lineage fire; supporters said Lineage spent about $80 million on cleanup but provided roughly $3 million for community remediation.
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Assemblymember Mark Gonzales presented AB 817, which he said responds to the Lineage cold‑storage warehouse fire in Boyle Heights. The bill would require certain cold‑storage operators to show contingency funds up to $20,000,000 or carry insurance before receiving new building permits and would make settlements received by residents or businesses after such incidents state tax‑free (as described by the sponsor).
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