Joint Budget Committee.
Under existing law, the department of public safety administers the wildfire resilient homes grant program, which provides grants to homeowners for the purposes of making their homes more resilient to wildfire risk. The grant program is funded through the wildfire resilient homes grant program cash fund (grant program cash fund).
The bill requires the state treasurer to transfer the balance of the grant program cash fund to the general fund on June 30, 2026, and repeals the wildfire resilient homes grant program, effective July 1, 2026.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)