The bill establishes a new chapter in Title 49 of the North Dakota Century Code focused on wildfire mitigation plans for qualified utilities. It defines key terms such as "hazardous vegetation," "qualified utility," and "wildfire mitigation plan." The legislation stipulates that a court cannot apply a strict liability standard to qualified utilities in cases alleging that they caused wildfire-related damages. It allows qualified utilities to prepare and submit wildfire mitigation plans that must include various components, such as risk assessment, vegetation management procedures, and community outreach efforts. These plans must comply with national safety standards and be updated every two years.

Additionally, the bill mandates that electric public utilities and electric transmission providers submit annual reports detailing their compliance with the wildfire mitigation plans to the commission, while rural electric cooperatives and municipal utilities must report to their boards of directors. All plans and reports must be published on the respective utilities' websites within specified timeframes. The preparation and compliance with these plans will create a rebuttable presumption that the utilities exercised reasonable care in their operations.