Requires public utility to reimburse the State or local unit, in certain circumstances, for costs incurred in securing potentially dangerous condition caused by property controlled by the public utility.

This bill requires public utilities (like power or gas companies) to reimburse state or local governments for costs incurred when securing dangerous conditions on utility-controlled property that threaten public safety. It applies when a utility's property creates a hazard accessible to the public, after the government notifies the utility and gives it one hour to address the issue. If the utility fails to act within that hour, the government can claim reimbursement for securing the site (e.g., setting up barriers or patrols) based on a standardized fee schedule. The bill excludes costs during declared emergencies and ensures these payments don't factor into future utility rate increases.