The bill aims to facilitate the reconstruction of communities affected by wildfires, particularly those that occurred between August 1 and October 1, 2023. It establishes a disaster relief payment program administered by the Department of Commerce, which will provide financial assistance to qualifying property owners and local governments for rebuilding or repairing structures that were damaged or destroyed. The program emphasizes the use of energy-efficient building practices and technologies, such as electric vehicle charging capacity and solar panel installation, to promote sustainability and reduce greenhouse gas emissions. The bill prioritizes assistance for low- to moderate-income households and aims to ensure that the new or repaired buildings comply with current state building and energy codes.

Additionally, the bill includes provisions that outline the criteria for eligibility for disaster relief payments, which are limited to properties located in areas under a state of emergency due to wildfires in specific counties. It also defines key terms related to the program, such as "increased energy efficiency standards" and "local government." The act is declared an emergency measure, taking effect immediately, and includes a clause stating that if specific funding for the program is not provided by June 30, 2024, the act will become null and void.

Statutes affected:
Original Bill: 19.27.074, 19.27.095, 19.27A.015, 19.27A.025, 19.27A.270
Substitute Bill: 70A.65.260
Engrossed Second Substitute: 19.27A.015