Relating to wildfires resulting from the fault of an electric company; declaring an emergency.

Allows a plaintiff to file motions in a civil action based on a wildfire caused by an electric company to require the electric company to file a security or bond if the electric company has been found to be liable to other plaintiffs for damages, losses or other harms resulting from the same wildfire, to have prejudgment interest accrue from the date the wildfire caused damages, losses or other harm and for a supplemental judgment for any additional tax liabilities that the plaintiff may owe on the underlying final judgment. Requires an electric company to apply for a wildfire safety certification. Directs the commission to issue a certification if the applicant is implementing a wildfire protection plan and meets certain requirements. Provides that a certification establishes that the applicant has implemented wildfire policies and practices consistent with wildfire safety standards. Provides that a certification does not establish immunity against claims for damages resulting from a wildfire. Directs the commission to commission a study to examine issues related to catastrophic wildfire risk and recovery and develop scenarios for a balanced solution. Directs the commission to provide an interim report on the study's findings and recommendations to the committees of the Legislative Assembly related to energy and environment during the 2026 regular session and provide recommendations for a stakeholder process to follow the final study report. Declares an emergency, effective on passage.